| Date: |
01-07-2015
|
| Notification No: |
Master Circular No.13/2015-16
|
| Issuing Authority: |
RBI
|
| Type: |
Master Circular
|
| File No: |
RBI/2015-16/82 |
| Subject: |
Master Circular on Import of Goods and Services
|
|
RBI/2015-16/82
Master Circular No.13/2015-16
July 01, 2015
To,
All Category – I Authorised Dealer Banks
Madam / Sir,
Master Circular on Import of Goods and Services
Import of Goods and Services into India is being allowed in terms of Section 5
of the Foreign Exchange Management Act 1999 (42 of 1999), read with Notification
No. G.S.R. 381(E) dated May 3, 2000 viz. Foreign Exchange Management (Current
Account Transaction) Rules, 2000 as amended from time to time.
- This Master Circular consolidates the existing instructions on the subject of
"Import of Goods and Services" at one place. The list of underlying circulars
consolidated in this Master Circular is furnished in Appendix.
- This Master Circular is being updated from time to time as and when the fresh
instructions are issued. The date up to which the Master Circular has been
updated is suitably indicated.
- This Master Circular may be referred to for general guidance. The Authorised
Persons and the Authorised Dealer Category – I banks may refer to respective
circulars/ notifications for detailed information, if so needed.
Yours faithfully,
(A. K. Pandey)
Chief General Manager
|
|
|