https://www.taxtmi.com/circulars?id=65626 Prohibition on wheat exports requires RAs to physically verify all Letters of Credit, secure recipient-bank endorsement, and investigate instances where LC dates precede the prohibition but message exchanges post-date it for possible ante-dating. Ante-dated cases must prompt enforcement action and possible referral to investigative agencies; bank complicity will be addressed. RC applications that clear RA verification must obtain approval from a two-member Additional DGFTs committee at headquarters before RC issuance. en-us Mon, 30 May 2022 00:00:00 +0530 Mon, 30 May 2022 15:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=65626 Prohibition on wheat exports requires RAs to physically verify all Letters of Credit, secure recipient-bank endorsement, and investigate instances where LC dates precede the prohibition but message exchanges post-date it for possible ante-dating. Ante-dated cases must prompt enforcement action and possible referral to investigative agencies; bank complicity will be addressed. RC applications that clear RA verification must obtain approval from a two-member Additional DGFTs committee at headquarters before RC issuance. Circulars DGFT Mon, 30 May 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65626