Doubtful cases of Delay in Utilization of Advance Received for Exports, may be referred to Directorate of Enforcement for further investigation
RBI/2014-15/461A. P. (DIR Series) Circular No.74 February 09, 2015 To All Category-I Authorised Dealer Banks Madam / Sir, Delay in Utilization of Advance Received for Exports Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to the sub-regulation (1) of Regulation 16 of the Foreign Exchange Management (Export of Goods … Read more