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Import of Gold by Nominated Banks /Agencies/Entities

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..... ttention of Authorised Persons is drawn to the Reserve Bank s A.P. (DIR Series) Circular No. 25 dated August 14, 2013 on the captioned subject. 2. Government of India and the Reserve Bank of India have been receiving representations related to Advance Authorisation (AA) / Duty Free Import Authorisation (DFIA). Taking into account these representations and in consultation with the Government of .....

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..... the scheme of 20:80. 4. Authorised Dealers may please bring the contents of this circular to the notice of their constituents and customers concerned. 5 The directions contained in this circular have been issued under Section 10(4) and Section 11(1) of the Foreign Exchange Management Act (FEMA), 1999 (42 of 1999), and are without prejudice to permissions / approvals, if any, required un .....

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