https://www.taxtmi.com/circulars?id=52762 Resident individuals, firms and companies with actual or anticipated foreign exchange exposures may book foreign exchange forward contracts on the basis of a simple self-declaration without producing underlying documents; SMEs' prior facilities for booking, canceling or rolling over forwards without documentation remain unchanged. Authorised Dealer Category I banks must use the revised reporting format and continue to apply other conditions, including tenor, as prescribed earlier. The directions are issued under the Foreign Exchange Management Act and are without prejudice to other statutory permissions. en-us Mon, 07 Apr 2014 00:00:00 +0530 Tue, 08 Apr 2014 10:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52762 Resident individuals, firms and companies with actual or anticipated foreign exchange exposures may book foreign exchange forward contracts on the basis of a simple self-declaration without producing underlying documents; SMEs' prior facilities for booking, canceling or rolling over forwards without documentation remain unchanged. Authorised Dealer Category I banks must use the revised reporting format and continue to apply other conditions, including tenor, as prescribed earlier. The directions are issued under the Foreign Exchange Management Act and are without prejudice to other statutory permissions. Circulars FEMA Mon, 07 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52762