https://www.taxtmi.com/acts?id=52859 Importers unable to complete imports within the contract period or any extended period must repatriate any advance payment made. Failure to repatriate within the applicable period allowed by the Authorised Dealer, or failure to mark off the relevant IDPMS entry, requires future import advance payments to be secured by an unconditional and irrevocable standby Letter of Credit, an international bank guarantee, or an Authorised Dealer guarantee backed by a counter-guarantee from an international bank of repute. en-us Thu, 15 Jan 2026 18:41:44 +0530 Mon, 07 Sep 2026 15:38:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52859 Importers unable to complete imports within the contract period or any extended period must repatriate any advance payment made. Failure to repatriate within the applicable period allowed by the Authorised Dealer, or failure to mark off the relevant IDPMS entry, requires future import advance payments to be secured by an unconditional and irrevocable standby Letter of Credit, an international bank guarantee, or an Authorised Dealer guarantee backed by a counter-guarantee from an international bank of repute. Act-Rules FEMA Thu, 15 Jan 2026 18:41:44 +0530 https://www.taxtmi.com/acts?id=52859