See sub-regulation (4) of regulation 6 - Diamond Dollar Account (DDA) Scheme

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.... Diamond Dollar Account (DDA) Scheme 1. Firms and companies may open and maintain DDA with AD Category-1 banks, subject to the following terms and conditions :- (a) The exporter should comply with the eligibility criteria stipulated in the Foreign Trade Policy of the Government of India, issued from time to time. (b) The DDA shall be opened in the name of the exporter and m....

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.... (i) Amount of pre-shipment and post-shipment finance availed in US Dollars. (ii) Realisation of export proceeds from shipments of rough, cut, polished diamonds and diamond studded jewellery. (iii) Realisation in US Dollars from local sale of rough, cut and polished diamonds. 3. Permissible debits :- (i) Payment for import/purchase of rough diamonds from overseas/ l....

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....gibility criteria, the account may be closed immediately. 5. AD Category-I banks shall submit a monthly report to the Chief General Manager-in-Charge, Foreign Exchange Department, Reserve Bank of India, Trade Division, Amar Building, Mumbai-400 001, giving details of the name and address of the firm/company in whose name the Diamond Dollar Account is opened, along with the date of opening/closi....

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....elevant paragraph) of the Foreign Trade Policy (period, e.g., 2009-2014) of the Government of India read with the Handbook of Procedures (mention the relevant Volume No.) issued by Ministry of Commerce and Industry, Government of India. 3. The relevant particulars are furnished below : (i) Name of the Firm/Company : (ii) Address of the Registered Office : (iii) Princi....