Master Circular on Exports of Goods and Services

May 19th, 2015
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AD Category – I banks may allow payment of commission, either by remittance or by deduction from invoice value, on application submitted by the exporter.

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Foreign Exchange Management (Export of goods and services) Regulations, 2000 Notification No.FEMA 23 /2000-RB dated 3rd May 2000C. Counter TradeAny arrangement involving adjustment of value of goods imported into India against value of goods exported from India, shall require prior approval of the Reserve Bank. RBI/2011-12/264 A.P. (DIR Series) Circular No. 47 November 17, 2011 To All Category I Authorized Dealer Banks Madam/Sir, Set-off of export receivables against import payables- Liberalization of ProcedureAttention of Authorized Dealer Category I (AD Category

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