Foreign Exchange Management Act, 1999 Import of Goods into India – Evidence of Import

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.... 001 RBI/ 2004/ 65 A.P. (DIR Series) Circular No.72 February 20, 2004 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Foreign Exchange Management Act, 1999 Import of Goods into India - Evidence of Import Attention of Authorised Dealers is invited to (a) para A.11 of A.P.(DIR Series) Circular No.106 dated June 19, 2003 and (b) item iv of the Notes to BEF stateme....

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.... 3. It has, therefore, been decided that where EDI system has been implemented by customs and the importer receives only one copy of the "ex-Bond Bill of Entry" from the customs, Authorised Dealers may advise importer to submit a photocopy of the "ex-Bond Bill of Entry" for home consumption after clearance of the goods from the warehouse / bond, which may be duly verified by the Authorised Deale....