https://www.taxtmi.com/circulars?id=3036 Authorised Dealer Category I banks may permit remittances for rough diamond imports where the importer has received import bills/documents directly from the overseas supplier, provided documentary evidence is submitted at remittance, the transaction complies with the Foreign Trade Policy, banks are satisfied of the bonafides, complete KYC and due diligence on the importer, and obtain a report on each overseas supplier from the overseas banker or reputed credit agency. en-us Wed, 07 Nov 2007 00:00:00 +0530 Wed, 18 Feb 2026 17:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=3036 Authorised Dealer Category I banks may permit remittances for rough diamond imports where the importer has received import bills/documents directly from the overseas supplier, provided documentary evidence is submitted at remittance, the transaction complies with the Foreign Trade Policy, banks are satisfied of the bonafides, complete KYC and due diligence on the importer, and obtain a report on each overseas supplier from the overseas banker or reputed credit agency. Circulars FEMA Wed, 07 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=3036