Processing of claims where an exporter gets payment by Insurance Agencies (not through banks).

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... an, New Delhi Public Notice No. 47 /2009-2014 (RE- 2013) Dated: 8th January, 2014 Subject- Processing of claims where an exporter gets payment by Insurance Agencies (not through banks). In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14 , the Director General of Foreign Trade hereby makes the following amendment in paragraph 2.25.2 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n equivalent INR, RA will convert this INR value in equivalent US$ using the exchange rate (published by CBEC) applicable on the date of settlement of insurance claim . Effect of Public Notice: A procedure for processing of claims in respect of realization of export proceeds through insurance agency is being introduced. (Anup K. Pujari) Director General of Foreign Trade E-mail: dgf .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X