Export of goods and services against repayment of State Credits granted by erstwhile Soviet Union
013 Dated:- 6-9-2002 Circular
FEMA
Export of goods and services against repayment of State Credits granted by erstwhile Soviet Union
Reserve Bank of India
Exchange Control Department
Central Office
Mumbai – 400 001
A.P. (DIR Series) Circular No.13
September 6, 2002
To,
All Authorised Dealers in Foreign Exchange
Madam/Sirs,
Export of goods and services against repayment of State Credits granted by erstwhile Soviet Union
Attention of all authorised dealers is drawn to A.D. (G.P.Series) Circular No.11 dated June 15, 1998, in terms of which reimbursement claims sent to Reserve Bank where the documents are negotiated within the vali
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e Bank of India, Deposit Accounts Department, Mumbai, not later than 27th working day as indicated above. The claims received after expiry of the stipulated period will be considered only on receipt of fresh confirmation from BFEA.
4. Notice to Exporters No.1 dated September 6, 2002 is enclosed, the contents of which may be brought to the notice of your constituents who are engaged in export trade with Russian Federation.
5. The directions contained in the circular have been issued under Section 10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999).
Yours faithfully,
Grace Koshie
Chief General Manager
Notice to Exporters No.1 of 2002
Under the Banking Arrangement dated 6th September, 1993 concluded between
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