<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Asian Clearing Union (ACU) Mechanism – Indo-Sri Lanka trade</title>
    <link>https://www.taxtmi.com/circulars?id=65724</link>
    <description>Indo Sri Lanka current account and trade transactions may be settled outside the Asian Clearing Union (ACU) mechanism in any permitted currency until further notice. Category I Authorised Dealer banks must implement this change immediately, inform their constituents, and note that the circular operates under the Foreign Exchange Management Act while remaining subject to any other statutory permissions.</description>
    <language>en-us</language>
    <pubDate>Fri, 08 Jul 2022 00:00:00 +0530</pubDate>
    <lastBuildDate>Fri, 08 Jul 2022 18:22:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=684443" rel="self" type="application/rss+xml"/>
    <item>
      <title>Asian Clearing Union (ACU) Mechanism – Indo-Sri Lanka trade</title>
      <link>https://www.taxtmi.com/circulars?id=65724</link>
      <description>Indo Sri Lanka current account and trade transactions may be settled outside the Asian Clearing Union (ACU) mechanism in any permitted currency until further notice. Category I Authorised Dealer banks must implement this change immediately, inform their constituents, and note that the circular operates under the Foreign Exchange Management Act while remaining subject to any other statutory permissions.</description>
      <category>Circulars</category>
      <law>FEMA</law>
      <pubDate>Fri, 08 Jul 2022 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=65724</guid>
    </item>
  </channel>
</rss>