https://www.taxtmi.com/circulars?id=55626 AD Category-I banks must rely on BoE data in the Import Data Processing and Monitoring System and discontinue hardcopy BoE submission where data exists. Banks shall enter or download BoE details, use the BOE Settlement message to match and settle BoEs with Outward Remittance Messages (permitting multiple ORMs per BoE and vice versa), issue an acknowledgement slip to importers on settlement, require importers to preserve the importer copy and acknowledgement, follow up on unsettled ORMs, and preserve audited BOE Settlement data under the Cyber Security Framework unless investigating agencies direct otherwise. en-us Thu, 12 Jan 2017 00:00:00 +0530 Wed, 18 Feb 2026 18:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=55626 AD Category-I banks must rely on BoE data in the Import Data Processing and Monitoring System and discontinue hardcopy BoE submission where data exists. Banks shall enter or download BoE details, use the BOE Settlement message to match and settle BoEs with Outward Remittance Messages (permitting multiple ORMs per BoE and vice versa), issue an acknowledgement slip to importers on settlement, require importers to preserve the importer copy and acknowledgement, follow up on unsettled ORMs, and preserve audited BOE Settlement data under the Cyber Security Framework unless investigating agencies direct otherwise. Circulars FEMA Thu, 12 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=55626