https://www.taxtmi.com/circulars?id=54186 The Master Direction requires exporters to realise and repatriate full export proceeds within prescribed periods and mandates that receipts be routed through AD Category I banks in permitted manners (Nostro/Vostro, ACU, Special Rupee Vostro/INR settlement, third party/beneficiary currency subject to checks). It prescribes EDF/SOFTEX/EDPMS reporting, documentation and due diligence standards, conditions for advances and long term export receipts, and AD bank responsibilities for KYC/AML, verification, follow up of overdue bills, write offs, refunds and compliance with Reserve Bank approvals where applicable. en-us Fri, 01 Jan 2016 00:00:00 +0530 Tue, 13 Jan 2026 17:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54186 The Master Direction requires exporters to realise and repatriate full export proceeds within prescribed periods and mandates that receipts be routed through AD Category I banks in permitted manners (Nostro/Vostro, ACU, Special Rupee Vostro/INR settlement, third party/beneficiary currency subject to checks). It prescribes EDF/SOFTEX/EDPMS reporting, documentation and due diligence standards, conditions for advances and long term export receipts, and AD bank responsibilities for KYC/AML, verification, follow up of overdue bills, write offs, refunds and compliance with Reserve Bank approvals where applicable. Circulars FEMA Fri, 01 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54186