Evidence of Import
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....ence of Import Attention of authorised dealers is invited to paragraph A.17(ii) & (iv) of the Annexure to A.P. (DIR.Series) Circular No.9 dated August 24, 2000, in terms of which in case of all imports, except import through couriers, where value of foreign exchange remitted/paid for import into India exceeds USD 5000 or its equivalent, it is obligatory on the part of the authorised dealers thr....
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....USD 25,000 as prescribed in paragraph A.18(ii) of the circular ibid. 3. Similarly, where the amount of foreign exchange remitted for import is less than USD 1,00,000 or its equivalent, authorised dealers may accept, either Exchange Control copy of Bill of Entry for home consumption or a certificate from the Chief Executive Officer (CEO) or Auditor of the Company that the goods for which remitta....
TaxTMI
TaxTMI