Please refer to F.E. Circular Letter No.03, dated January 19, 2015.
- In order to facilitate proper implementation of the FE Circular Letter under reference, it has been decided to amend paragraph 03 as under:
“Outward remittance supported by encashment certificates against FOB exports shall not be allowed with effect from April, 2016.”
Please bring the above instructions to the notice of all your concerned constituents.