9911796707
TMI BlogSINGLE BANK ACCOUNT FOR EXPORTERS/IMPORTERS WITH EFFECT FROMX X X X Extracts X X X X X X X X Extracts X X X X ..... SINGLE BANK ACCOUNT FOR EXPORTERS/IMPORTERS WITH EFFECT FROM X X X X Extracts X X X X X X X X Extracts X X X X ..... egulatory and facilitating agencies like Customs, Directorate General of Foreign Trade (DGFT), Sea Ports, airports, CONCOR, Banks etc., to provide 24X7 electronic delivery of efficient service to Expo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rters/ Importers. Currently, Exporters/ Importers have to maintain multiple bank accounts at their Head Offices/ Ports, Airports etc., to handle their export-import transactions. With a view to facili ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tate trade, a series of meetings were held and finally at a meeting convened by the Commerce Secretary, Shri G.K. Pillai, on 20.12.2007, it was decided that all Exporters/ Importers would need to main ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tain only one core-banking enabled bank account at national level for transactions with any of the stakeholders for trade. This would include Customs, DGFT, Ports, airports, Banks etc. All the concern ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed Government agencies have been advised to facilitate e-payment using single core-banking enabled bank account of Exporters/ Importers in the country. Exporters/ Importers would declare to all the ag ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... encies their one bank account in any core-banking enabled branch anywhere in India for all payments/ receipts, including Drawback. This would come into effect throughout India from 01.04.2008. X X X X Extracts X X X X X X X X Extracts X X X X ..... s - Press release - PIB ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
