Advance Remittance for Import of Rough Diamonds

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..... Circular No.34 dated March 02, 2007 , A.P.(DIR Series) Circular No.3 dated August 4, 2008 and A.P.(DIR Series) Circular No.8 dated August 21, 2008 in terms of which AD Category -I banks have been permitted to make advance remittance without any limit and without bank guarantee or standby letter of Credit, by an importer (other than Public Sector Company or Department / Undertaking of the Gove .....

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..... certain conditions: De Beers UK Limited, RIO TINTO, UK, BHP Billiton, Australia, ENDIAMA, E.P. Angola, ALROSA, Russia, GOKHARAN, Russia, RIO TINTO, Belgium, BHP Billiton, Belgium and Namibia Diamond Trading Company (PTY) Ltd (NDTC). 4. The terms and conditions mentioned in A.P. (DIR Series) Circular No.34 dated March 02, 2007 , including submission of report in the f .....

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