Advance payment for exports and imports and delayed payment for imports

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Full Text of the Document

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....in case of advance receipt for export, route the advance amount, and realisation of export proceeds, if any, through the same Authorised Dealer. However, an exporter may route the transactions through any other Authorised Dealer provided the exporter has intimated the change to both the Authorised Dealers. (2) In case of advance payment for imports, an importer shall route the ad....