https://www.taxtmi.com/circulars?id=54011 The Reserve Bank directs termination of the barter system at the Indo Myanmar border and mandates switching to normal trade from December 1, 2015, requiring all trade with Myanmar to be settled in any permitted currency or via the Asian Clearing Union mechanism, withdraws the prior barter trade circular, instructs Authorised Dealers to inform constituents, and issues the directions under the Foreign Exchange Management Act subject to other statutory permissions. en-us Thu, 05 Nov 2015 00:00:00 +0530 Thu, 05 Nov 2015 18:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54011 The Reserve Bank directs termination of the barter system at the Indo Myanmar border and mandates switching to normal trade from December 1, 2015, requiring all trade with Myanmar to be settled in any permitted currency or via the Asian Clearing Union mechanism, withdraws the prior barter trade circular, instructs Authorised Dealers to inform constituents, and issues the directions under the Foreign Exchange Management Act subject to other statutory permissions. Circulars FEMA Thu, 05 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54011