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    <title>Booking of Forward Contracts Based on Past Performance</title>
    <link>https://www.taxtmi.com/circulars?id=1983</link>
    <description>Authorised dealers may offer forward contracts based on a three year average of past import/export performance, subject to a cap on outstanding forwards relative to eligible limits; Reserve Bank may permit higher deliverable limits on application for large corporates without documentary evidence, upon submission through an authorised dealer of authenticated turnover, overdue realisations/payments and existing limits.</description>
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    <pubDate>Sat, 05 Apr 2003 00:00:00 +0530</pubDate>
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      <title>Booking of Forward Contracts Based on Past Performance</title>
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      <description>Authorised dealers may offer forward contracts based on a three year average of past import/export performance, subject to a cap on outstanding forwards relative to eligible limits; Reserve Bank may permit higher deliverable limits on application for large corporates without documentary evidence, upon submission through an authorised dealer of authenticated turnover, overdue realisations/payments and existing limits.</description>
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      <pubDate>Sat, 05 Apr 2003 00:00:00 +0530</pubDate>
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