https://www.taxtmi.com/circulars?id=56828 Discontinue issuance of Letters of Undertaking and Letters of Comfort by Authorised Dealer Category I banks for trade credits for imports with immediate effect; Letters of Credit and Bank Guarantees for trade credits may continue only subject to compliance with existing banking regulations on guarantees and co acceptances. Banks must inform their constituents and the Master Direction will be updated to reflect the change. en-us Tue, 13 Mar 2018 00:00:00 +0530 Tue, 13 Mar 2018 18:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=56828 Discontinue issuance of Letters of Undertaking and Letters of Comfort by Authorised Dealer Category I banks for trade credits for imports with immediate effect; Letters of Credit and Bank Guarantees for trade credits may continue only subject to compliance with existing banking regulations on guarantees and co acceptances. Banks must inform their constituents and the Master Direction will be updated to reflect the change. Circulars FEMA Tue, 13 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=56828