Foreign Exchange Management Act, 1999-Import of gold in any form including jewellery made of gold/precious metals or/and studded with diamonds/semi-precious/precious stones - clarification

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.... To All Category - I Authorised Dealer Banks Madam/Sir,   Subject:- Foreign Exchange Management Act, 1999-Import of gold in any form including jewellery made of gold/precious metals or/and studded with diamonds/semi-precious/precious stones - clarification Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to the provisions contained in A.P.(DIR Se....

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....um/Rhodium/Silver vide A.P. (DIR Series) Circular No.12 dated August 28, 2008; advance remittance for import of rough diamonds, vide A.P. (DIR Series) Circular No. 21 dated December 29, 2009 and import of rough, cut and polished diamonds, vide A.P.(DIR Series) Circular No.59 dated May 6, 2011, shall remain unchanged. 4. AD Category - I banks may bring the contents of this circular to the notice....