https://www.taxtmi.com/circulars?id=1867 Authorised dealers may remit lease rentals and open letters of credit as security deposits for import of aircraft, engines or helicopters on operating lease after verifying requisite approvals from civil aviation authorities; financial leases with purchase options continue to require prior Reserve Bank approval under the Foreign Exchange Management framework. en-us Fri, 01 Mar 2002 00:00:00 +0530 Wed, 18 Feb 2026 17:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1867 Authorised dealers may remit lease rentals and open letters of credit as security deposits for import of aircraft, engines or helicopters on operating lease after verifying requisite approvals from civil aviation authorities; financial leases with purchase options continue to require prior Reserve Bank approval under the Foreign Exchange Management framework. Circulars FEMA Fri, 01 Mar 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1867