https://www.taxtmi.com/circulars?id=2113 Authorised Dealer banks are permitted to issue Guarantees, Letters of Undertaking and Letters of Comfort in favour of overseas suppliers, banks or financial institutions for trade credits for imports; tenors must be co-terminus with the credit term and issuance is subject to Reserve Bank prudential guidelines, with consolidated quarterly reporting of such instruments to the Foreign Exchange Department, ECB Division of the Reserve Bank. en-us Mon, 01 Nov 2004 00:00:00 +0530 Tue, 13 Jan 2026 15:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2113 Authorised Dealer banks are permitted to issue Guarantees, Letters of Undertaking and Letters of Comfort in favour of overseas suppliers, banks or financial institutions for trade credits for imports; tenors must be co-terminus with the credit term and issuance is subject to Reserve Bank prudential guidelines, with consolidated quarterly reporting of such instruments to the Foreign Exchange Department, ECB Division of the Reserve Bank. Circulars FEMA Mon, 01 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2113