https://www.taxtmi.com/circulars?id=3332 Amendments require banks to designate dollar facilities to diamond traders and bonded warehouses as borrowings in Diamond Dollar Accounts; eligible firms and bonded warehouses may open up to two Diamond Dollar Accounts. Private/Public Bonded Warehouses may operate under the Diamond Dollar Account Scheme with a customs endorsement requiring import payments from Diamond Dollar Accounts, may sell rough diamonds to buyers operating under the scheme with dollar payments from their Diamond Dollar Accounts, and may sell to non scheme exporters provided payment is made in dollars by debiting the exporter's Exchange Control copy of the licence and credited to the warehouse owner's Diamond Dollar Account. en-us Wed, 01 Nov 2000 00:00:00 +0530 Mon, 24 Dec 2007 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=3332 Amendments require banks to designate dollar facilities to diamond traders and bonded warehouses as borrowings in Diamond Dollar Accounts; eligible firms and bonded warehouses may open up to two Diamond Dollar Accounts. Private/Public Bonded Warehouses may operate under the Diamond Dollar Account Scheme with a customs endorsement requiring import payments from Diamond Dollar Accounts, may sell rough diamonds to buyers operating under the scheme with dollar payments from their Diamond Dollar Accounts, and may sell to non scheme exporters provided payment is made in dollars by debiting the exporter's Exchange Control copy of the licence and credited to the warehouse owner's Diamond Dollar Account. Circulars DGFT Wed, 01 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/circulars?id=3332