A.P.(DIR Series) Circular No.33-RB, 10th May, 2001

Export of goods and services against repayment of State
credit granted by erstwhile Soviet Union

Attention of authorised dealers is drawn to Annexure I to A.D.(G.P.Series) circular No. 4-RB, dated May 19, 1999, indicating names of nominated banks in India for handling matters relating to exports to Russia against repayment of State credit.

2.

It has now been decided to include Centurion Bank Ltd. in the list of nominated banks.

3.

Authorised dealers may please bring the contents of this circular to the notice of their constituents concerned.

4.

The directions contained in this circular have been issued under Section 10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999). Any contravention or non-observance of these directions is subject to the penalties prescribed under the said Act.

Yours faithfully



P.K. BISWAS
Chief General Manager

(Note:- Please see AP(DIR Series)Cir. No. 4-RB, dated 15/07/2000)

Presented by eximkey.com