https://www.taxtmi.com/circulars?id=5841 The circular prescribes procedures for direct import of precious metals by nominated agencies under Paragraph 4A.4 of the FTP, identifying eligible entities and requiring Regional Authority certification for Premier/Star Trading Houses (Annexure I). Nominated Agencies (other than RBI designated banks) must maintain import and distribution records, file monthly returns to the Gems & Jewellery EPC for onward transmission to DGFT, supply at least ten percent of imports to exporters, and undergo annual performance review, while complying with FTP, RBI guidelines and Customs procedures (Annexure II sets the monthly reporting format). en-us Tue, 31 Mar 2009 00:00:00 +0530 Wed, 01 Apr 2009 17:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5841 The circular prescribes procedures for direct import of precious metals by nominated agencies under Paragraph 4A.4 of the FTP, identifying eligible entities and requiring Regional Authority certification for Premier/Star Trading Houses (Annexure I). Nominated Agencies (other than RBI designated banks) must maintain import and distribution records, file monthly returns to the Gems & Jewellery EPC for onward transmission to DGFT, supply at least ten percent of imports to exporters, and undergo annual performance review, while complying with FTP, RBI guidelines and Customs procedures (Annexure II sets the monthly reporting format). Circulars DGFT Tue, 31 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5841