https://www.taxtmi.com/acts?id=52857 Exporters and importers must route advances and subsequent receipts/payments through the same Authorised Dealer unless both dealers are notified of a change. An Authorised Dealer may allow import advance remittances after verifying genuineness and may set thresholds requiring a standby Letter of Credit or guarantee. Interest on advance receipts for exports and on delayed import payments must not exceed the all in cost ceiling of trade credit under the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018. en-us Thu, 15 Jan 2026 18:41:09 +0530 Fri, 16 Jan 2026 14:43:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52857 Exporters and importers must route advances and subsequent receipts/payments through the same Authorised Dealer unless both dealers are notified of a change. An Authorised Dealer may allow import advance remittances after verifying genuineness and may set thresholds requiring a standby Letter of Credit or guarantee. Interest on advance receipts for exports and on delayed import payments must not exceed the all in cost ceiling of trade credit under the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018. Act-Rules FEMA Thu, 15 Jan 2026 18:41:09 +0530 https://www.taxtmi.com/acts?id=52857