https://www.taxtmi.com/circulars?id=2061 Reserve Bank of India liberalises the direct receipt of import bills/documents by raising the monetary thresholds that permit importers to receive supplier sent documents and for authorised dealers to make remittances against such bills. Eligible categories include wholly owned Indian subsidiaries of foreign companies, recognised trading/export houses, export oriented units, public sector undertakings and limited companies, and certain institutional imports (books, life saving drugs/equipment for hospitals, and reputed research institutions). Authorised dealers may allow direct bills outside these categories at the revised threshold only after satisfactory due diligence and obtaining supplier reports from overseas bankers or reputed credit agencies. en-us Fri, 06 Feb 2004 00:00:00 +0530 Wed, 18 Feb 2026 17:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2061 Reserve Bank of India liberalises the direct receipt of import bills/documents by raising the monetary thresholds that permit importers to receive supplier sent documents and for authorised dealers to make remittances against such bills. Eligible categories include wholly owned Indian subsidiaries of foreign companies, recognised trading/export houses, export oriented units, public sector undertakings and limited companies, and certain institutional imports (books, life saving drugs/equipment for hospitals, and reputed research institutions). Authorised dealers may allow direct bills outside these categories at the revised threshold only after satisfactory due diligence and obtaining supplier reports from overseas bankers or reputed credit agencies. Circulars FEMA Fri, 06 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2061