https://www.taxtmi.com/circulars?id=2115 Authorised Dealer banks may permit importers/exporters to book forward contracts on past performance up to the eligible turnover limit and may enhance outstanding limits to full eligibility where satisfied of genuine need. Enhanced permissions require a Chartered Accountant certificate of compliance and a certified three year turnover statement. Exporters must keep overdue bills within the prescribed small proportion of turnover and contracts beyond a specified portion of the limit must be delivered. AD banks must submit monthly reports on limits granted and utilised to the central office by the tenth of the following month. en-us Mon, 01 Nov 2004 00:00:00 +0530 Sat, 04 Oct 2008 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2115 Authorised Dealer banks may permit importers/exporters to book forward contracts on past performance up to the eligible turnover limit and may enhance outstanding limits to full eligibility where satisfied of genuine need. Enhanced permissions require a Chartered Accountant certificate of compliance and a certified three year turnover statement. Exporters must keep overdue bills within the prescribed small proportion of turnover and contracts beyond a specified portion of the limit must be delivered. AD banks must submit monthly reports on limits granted and utilised to the central office by the tenth of the following month. Circulars FEMA Mon, 01 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2115