https://www.taxtmi.com/circulars?id=2066 Authorised Dealers may permit payment of agency commission in free foreign exchange for exports of tea and tobacco to Russia against repayment of Rupee State Credits, subject to a cap of ten per cent of invoice value; this relaxes the earlier prohibition under the Foreign Exchange Management (Current Account Transactions) Rules and follows a Government notification amending those rules. en-us Fri, 20 Feb 2004 00:00:00 +0530 Fri, 10 Oct 2008 16:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2066 Authorised Dealers may permit payment of agency commission in free foreign exchange for exports of tea and tobacco to Russia against repayment of Rupee State Credits, subject to a cap of ten per cent of invoice value; this relaxes the earlier prohibition under the Foreign Exchange Management (Current Account Transactions) Rules and follows a Government notification amending those rules. Circulars FEMA Fri, 20 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2066