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BG for 5% of gold value (and not bond amount) obtained for nominated agencies

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Full Text of the Document

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....nated agency for sale/ loan to jewellery exporter - Procedures Amendment of Bank Guarantee amount regarding. I am directed to refer to Board's Circular No. 27/ 97 dated 8th July, 1997 and Circular No. 48/97 dated 13th October, 1997 on the subject cited above. 2. The Gold Jewellery Exporters Association, New Delhi and the Ministry of Commerce have submitted that the exporters who are expo....

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