https://www.taxtmi.com/circulars?id=7705 Increase in permissible advance remittance for import of services to USD 500,000 or its equivalent without bank guarantee applies to admissible current account transactions and is to be implemented by Authorised Dealer Category I banks, while all other terms of the earlier circular remain unchanged; Public Sector Companies and Government Departments/Undertakings remain subject to prior Ministry of Finance approval for amounts exceeding USD 100,000 or its equivalent. en-us Mon, 05 Oct 2009 00:00:00 +0530 Wed, 18 Feb 2026 17:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7705 Increase in permissible advance remittance for import of services to USD 500,000 or its equivalent without bank guarantee applies to admissible current account transactions and is to be implemented by Authorised Dealer Category I banks, while all other terms of the earlier circular remain unchanged; Public Sector Companies and Government Departments/Undertakings remain subject to prior Ministry of Finance approval for amounts exceeding USD 100,000 or its equivalent. Circulars FEMA Mon, 05 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7705