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    <title>Foreign Exchange Management Act,1999 - Import of precious and semi precious stones- Clarification</title>
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    <description>Suppliers&#039; and Buyers&#039; Credit including the usance period of Letters of Credit for import of precious and semi precious stones shall not exceed ninety days from the date of shipment, with immediate effect; AD Category I banks must apply the limit and inform their constituents, while prior instructions on related metal and diamond imports remain unaffected.</description>
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      <description>Suppliers&#039; and Buyers&#039; Credit including the usance period of Letters of Credit for import of precious and semi precious stones shall not exceed ninety days from the date of shipment, with immediate effect; AD Category I banks must apply the limit and inform their constituents, while prior instructions on related metal and diamond imports remain unaffected.</description>
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