Third party payments for export / import transactions

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Full Text of the Document

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....ort / import transactions Attention of Authorized Dealer Category - I banks is invited to A. P. (DIR Series) Circular No.70 dated November 8, 2013, in terms of which they have been permitted to allow third party payments for export of goods & software / import of goods subject to the conditions stated therein. 2. In view of the difficulties faced by exporters / importers in meeting the condi....