Advance Remittance for Import of Rough Diamonds

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Full Text of the Document

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....ed to A. P. (DIR Series) Circular No.34 dated March 02, 2007 and A. P. (DIR Series) Circular No.03 dated August 04, 2008, in terms of which AD Category - I banks have been permitted to make advance remittance without any limit and without bank guarantee or standby letter of credit, by an importer (other than a Public Sector Company or a Department / Undertaking of the Government of India / State G....