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    <title>Import of Gold by Nominated Banks /Agencies/Entities</title>
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    <description>Nominated banks and agencies importing gold must allocate a minimum portion of each import lot exclusively for export, link such imports to exporter financing, and restrict domestic distribution to jewellery businesses and bullion dealers; the same portion must be retained in customs bonded warehouses. Fresh imports are permitted only after a specified share of bonded stock has been exported; the 20/80 principle applies to all import schemes and prior consignment and LC restrictions are withdrawn. SEZs and EoUs may import solely for exports; AD Category I banks are responsible for monitoring compliance under FEMA.</description>
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      <pubDate>Mon, 22 Jul 2013 00:00:00 +0530</pubDate>
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