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Whether direct negotiation of export documents is possible without going through authorized dealer?

April 26, 2017authorized Dealer documents export going negotiation possible

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Whether direct negotiation of export documents is possible without going through authorized dealer?

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Yes, direct negotiation of export documents is allowed in case of Status Holders, with the permission of Reserve Bank Of India and on submission of copy of “Foreign Inward Remittance Certificate (FIRC)” in lieu of Bank Certificate of Export and Realization (BRC). 6. SECOND HAND CAPITAL GOODS. Q: What is the policy provision for import of second hand Capital Goods? Answer: Import of second hand Capital Goods, which are not more than 10yrs. Old shall be allowed freely. However, the same shall not be transferred, sold or otherwise disposed off within a period of two years from the date of import, except with the prior permission of DGFT. 7. RCMC (REGISTRATION CUM MEMBERSHIP CERTIFICATE). Q: What should an exporter do if his export product is not related to any specific Export Promotion Council? Answer: Such exporters may apply for RCMC to FIEO . Even service exporters (except software service exporters) can apply to FIEO. 8. CAN BRANCH OFFICE APPLY FOR LICENSE. Q: Is it possible for a bra