Release of Foreign Exchange for Miscellaneous Remittances

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Full Text of the Document

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....us Remittances Attention of Authorised Dealers is drawn to A.P.(DIR Series) Circular No 16 dated September 12, 2002. In terms of this circular, Authorised Dealers were advised to release amounts up to USD 500 or its equivalent for all permissible transactions on the basis of a simple letter from the applicant containing the basic information, viz., names and the addresses of the applicant and the....