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Chamber Research By The Judges Post Conclusion Of Hearing – Whether Justified?
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Packaged Tours and Place of Supply Provisions under GST
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Gifts and Loans – By and To Non-Resident Indians: Part I
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Legal Considerations for Start-Ups – Are you overlooking some?
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ATR & AQMM – Audit Reports of Auditors!
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भारत पहले – 75 Year of Independence
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President and CEO of The Institute of Internal Auditors
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August 2014

A. P. (DIR Series) Circular No. 2 dated 7th July, 2014

By Gaurang Gandhi Chartered Accountant

Reading Time 1 mins

Foreign Exchange Management Act, 1999 – Import of Rough, Cut and Polished Diamonds

This circular states that with immediate effect, importers of Rough, Cut and Polished Diamonds can import the same on Clean Credit basis (i.e., credit given by a foreign supplier to its Indian customer/buyer, without any Letter of Credit (Suppliers’ Credit)/Letter of Undertaking (Buyers’ Credit)/Fixed Deposits from any Indian financial institution) for a period not exceeding 180 days from the date of shipment.

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August 2014

A. P. (DIR Series) Circular No. 2 dated 7th July, 2014

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Master Circulars dated 1st July, 2014

A. P. (DIR Series) Circular No. 3 dated 14th July, 2014

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August 2014

A. P. (DIR Series) Circular No. 2 dated 7th July, 2014

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Master Circulars dated 1st July, 2014

A. P. (DIR Series) Circular No. 3 dated 14th July, 2014