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TMI BlogConsolidated Guidelines for import of precious metal by the Nominated Agencies. – Reg.X X X X Extracts X X X X X X X X Extracts X X X X ..... metal are given in paragraph 4A.4 of FTP. 2. The consolidated guidelines on import of precious metal by the nominated agencies and the system of monitoring are issued hereunder:- (i) For the Premier Trading Houses and the Star Trading Houses (only for Gems & Jewellery exporters), the Certificate Holder shall be required to request to the concerned Regional Authority (RA) (who had issued the Status Certificate / the Registered office is located) enclosing therewith a self-attested copy of the valid Status Certificate. RA, in turn, shall issue a Certificate to the Status Certificate Holder in the format appended to this Policy Circular as Annexure I. This Certificate shall be valid for one year starting from 1st day of the Financial Year o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o that appropriate action for delisting of the agency can be taken. (d) The performance of these agencies will be reviewed on annual basis by DGFT (HQs) in consultation with G&J EPC. 4. The Policy and Procedure for import of precious metal shall be as per the guidelines stated in Foreign Trade Policy (FTP) and the relevant RBI Guidelines. 5. Clearance of import consignment shall be allowed by the Customs Authority as per the Procedure laid down by them for the Nominated Agencies by way of Customs Notification and / or Circular issued by them from time to time. 6. Since the Policy Circular No.14 (RE-2010)/2009-14 dated 1.2.2011 had withdrawn all other Circulars issued earlier on the subject, these guidelines will be effective from 1.2. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ellip;…../Oct. - March…… Name of the Nominated Agency (Other than Designated Banks) in terms of paragraph 4A.4 of FTP: Date of Statement: Name of Precious Metal: Gold / Silver / Platinum (Strike which is not applicable and give the details in separate sheets for different metals) Number of Transaction Value of Gold Imported Quantity of Gold Imported Opening Stock (in Quantity) Utilization Own use Supply to exporter Supply to domestic units Balance in stock (US D million) (Rs. Crore) Kg. Kg. Value (Rs. Crore) Qty (Kg.) Value (Rs. Crore) Qty. (Kg.) Value (Rs. Crore) Qty. (Kg.) Quantity (Kg.) Sl. No. Mode of Import (i) Delivery Against Payment Basis (ii) Supplier's Credit Basis (iii) Consi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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