https://www.taxtmi.com/circulars?id=54630 Authorised Dealer Category-I banks are directed to discontinue submitting reports of invocation of bank guarantees issued for service imports; they must, however, maintain records of such invocations and furnish details to the Reserve Bank when requested. The Master Direction on reporting under the Foreign Exchange Management Act will be updated to reflect this change, and the circular is issued under Sections 10(4) and 11(1) of the Act. en-us Fri, 01 Jul 2016 00:00:00 +0530 Tue, 13 Jan 2026 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54630 Authorised Dealer Category-I banks are directed to discontinue submitting reports of invocation of bank guarantees issued for service imports; they must, however, maintain records of such invocations and furnish details to the Reserve Bank when requested. The Master Direction on reporting under the Foreign Exchange Management Act will be updated to reflect this change, and the circular is issued under Sections 10(4) and 11(1) of the Act. Circulars FEMA Fri, 01 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54630