https://www.taxtmi.com/circulars?id=1954 Authorised dealers may allow advance remittances for admissible current account imports of services up to an increased threshold without prior central approval. For advance amounts exceeding that threshold, a bank guarantee from a bank of international repute or an authorised dealer guarantee backed by an overseas counter guarantee must be obtained, and dealers must ensure contractual performance by the beneficiary or secure repatriation of the advance. en-us Mon, 06 Jan 2003 00:00:00 +0530 Wed, 18 Feb 2026 17:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1954 Authorised dealers may allow advance remittances for admissible current account imports of services up to an increased threshold without prior central approval. For advance amounts exceeding that threshold, a bank guarantee from a bank of international repute or an authorised dealer guarantee backed by an overseas counter guarantee must be obtained, and dealers must ensure contractual performance by the beneficiary or secure repatriation of the advance. Circulars FEMA Mon, 06 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1954