Regulatory Alerts2016-08-04
Added · Updated
FEPD(Import Policy)/115/2016-22: Export Bill Discounting Facilities for Type C Companies Working at Export Processing Zone
The document notifies authorized dealer banks that export bills of Type C companies operating in Export Processing Zones may be discounted in foreign currency, in accordance with the guidelines for foreign exchange transactions-2009 and circular FE PD(Import Policy)-03 dated 04/02/2013. This directive confirms the application of existing rules without altering any other current regulations or arrangements regarding foreign exchange transactions.
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