https://www.taxtmi.com/circulars?id=54618 The circular temporarily suspends ACU Euro operations while the Euro payment channel is reviewed; accordingly, eligible current account and trade transactions in Euro may be settled outside the ACU mechanism until further notice. Authorised Dealer Category I Banks must notify constituents. The direction is issued under FEMA and is without prejudice to other statutory permissions. en-us Thu, 30 Jun 2016 00:00:00 +0530 Thu, 30 Jun 2016 18:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54618 The circular temporarily suspends ACU Euro operations while the Euro payment channel is reviewed; accordingly, eligible current account and trade transactions in Euro may be settled outside the ACU mechanism until further notice. Authorised Dealer Category I Banks must notify constituents. The direction is issued under FEMA and is without prejudice to other statutory permissions. Circulars FEMA Thu, 30 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54618