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Presentation on RBI Policy on Import and Export Provision
« on: October 07, 2013, 12:00:02 AM »
Presentation on RBI Policy on Import and Export Provision

Presentation on RBI Policy on Import and Export Provision


qExport trade is regulated by the Directorate General of Foreign Trade (DGFT) and its regional offices

qfunction under the Ministry of Commerce and Industry, Department of Commerce, Government of India.

qPolicies and procedures required to be followed for exports from India are announced by the DGFT, from time to time.


IMPORT OF GOODS


Import of Goods and Services is also a Current Account Transaction and is freely permitted however few procedures are required to be followed as:


—Obtaining of Import License if required


—Opening of Letter of Credit


—CA Certificate for deduction of TDS for payment made outside


—Gold may be imported by nominated agencies/banks on consignment basis




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Presentation on RBI Policy on Import and Export Provision
« on: October 07, 2013, 12:00:02 AM »

 
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