https://www.taxtmi.com/acts?id=52859 If an importer does not import within the contract or extended period, the importer must repatriate any advance payment; failure to repatriate or to have the IDPMS entry marked off requires that any future advance payments be secured by an unconditional, irrevocable standby Letter of Credit or a guarantee from an international bank of repute, or an Authorised Dealer guarantee issued against an international bank counter guarantee. en-us Thu, 15 Jan 2026 18:41:44 +0530 Fri, 16 Jan 2026 14:44:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52859 If an importer does not import within the contract or extended period, the importer must repatriate any advance payment; failure to repatriate or to have the IDPMS entry marked off requires that any future advance payments be secured by an unconditional, irrevocable standby Letter of Credit or a guarantee from an international bank of repute, or an Authorised Dealer guarantee issued against an international bank counter guarantee. Act-Rules FEMA Thu, 15 Jan 2026 18:41:44 +0530 https://www.taxtmi.com/acts?id=52859