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Manner of Receipt in Foreign Exchange

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..... ntry 3 [***] or by way of reimbursement from his branch or correspondent outside India against payment for export from India, or against any other payment, shall be as mentioned below: Group Manner of receipt of foreign exchange (1). member countries in the Asian Clearing Union 5 [ (except Nepal, Bhutan and Islamic Republic of .....

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..... amended from time to time (1B) Islamic Republic of Iran (a) Payment for all eligible current transactions, in any permitted currency and in accordance with the directions issued by the Reserve Bank to the authorized dealers from time to time; and (b) Payment in any permitted currency in all other cases.] 10 [ (2) All co .....

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..... ccordance with the directions issued by the Reserve Bank of India to authorised dealers from time to time.] 12 [(4) Authorized Dealer Category-1 (AD Category-1) banks have been permitted to allow payments for export of goods/software to be received from a Third party (a party other than the buyer) provided, the details of the Third party through which the export proceeds are being realize .....

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..... ept Nepal and Bhutan) ] 6. Substituted vide NOTIFICATION No. 257/2013-RB February 15, 2013 w.e.f. 27 ' day of December 2010 , before it was read as, Bangladesh, Islamic Republic of Iran, . 7. Substituted vide NOTIFICATION No. 257/2013-RB February 15, 2013 w.e.f. 30th day of October 2009 , before it was read as, Pakistan and Sri Lanka . 8. Substituted vide NO .....

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