<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Import of Gold by Nominated Banks / Agencies / Entities</title>
    <link>https://www.taxtmi.com/circulars?id=52813</link>
    <description>Revised guidelines permit STH/PTHs registered as DGFT nominated agencies to import gold under the 20:80 scheme subject to prior import history, Customs verification, submission of port-wise import plans, a first-lot cap based on highest monthly import in the prior 24 months (subject to a maximum), and the continued requirement that 20% of each consignment be exported before the next import. Nominated banks may provide Gold Metal Loans to domestic jewellery manufacturers from the 80% domestic quota to the extent of GML outstanding as on March 31, 2013; imports must route through bonded warehouses and domestic sales require upfront payment except for permitted GML.</description>
    <language>en-us</language>
    <pubDate>Wed, 21 May 2014 00:00:00 +0530</pubDate>
    <lastBuildDate>Wed, 18 Feb 2026 18:05:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=356134" rel="self" type="application/rss+xml"/>
    <item>
      <title>Import of Gold by Nominated Banks / Agencies / Entities</title>
      <link>https://www.taxtmi.com/circulars?id=52813</link>
      <description>Revised guidelines permit STH/PTHs registered as DGFT nominated agencies to import gold under the 20:80 scheme subject to prior import history, Customs verification, submission of port-wise import plans, a first-lot cap based on highest monthly import in the prior 24 months (subject to a maximum), and the continued requirement that 20% of each consignment be exported before the next import. Nominated banks may provide Gold Metal Loans to domestic jewellery manufacturers from the 80% domestic quota to the extent of GML outstanding as on March 31, 2013; imports must route through bonded warehouses and domestic sales require upfront payment except for permitted GML.</description>
      <category>Circulars</category>
      <law>FEMA</law>
      <pubDate>Wed, 21 May 2014 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=52813</guid>
    </item>
  </channel>
</rss>