TMI BlogStatement showing details of remittances affected towards import in respect of which documentary evidence of import has not been submitted by the importers despite remindersX X X X Extracts X X X X X X X X Extracts X X X X ..... 25000 or its equivalent should only be included in the statement. In cases where, at the time of advance remittance, purpose of remittance was as import and subsequently the exchange has been used for other purpose for which sale of exchange is permissible, and a document to the satisfaction of authorised dealer has been produced, such cases should not be treated as default and hence be excluded from the BEF statement. Authorised dealers may accept Into Bond Bill of Entry as a provisional evidence of import into India. However, they may ensure submission of Exchange Control copy of the Bill of Entry for Home consumption within a reasonable period of time. Wherever Into Bond Bill of Entry has been submitted, such cases need not be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Undertakings/Government Departments 1 2 3 4 Etc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion reported earlier in Part I of BEF statement Date of receipt Amount of remittance Remarks Currency Amount Rupee equivalent 1 2 3 4 5 6 A. Import by parties other than Public Sector Undertakings/Government Departments 1 2 3 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es all cases which are required to be reported under the prescribed procedure. We undertake to continue to pursue the cases with the importers reported in Part I of the statement. Stamp (Signature of the Authorised Official) Place: Date: Name : Designation : Annexure - I ADDRESSEE LOAN IDENTIFICATION NO. : STC/(Name of the Bank/branch)/(Identification No.) Dear Sir, Proposal for Short Term Foreign Currency Loan/Credit for US$ (or any other currency) from M/s Please refer to your application dated _____________ in form ECB for the captioned short term credit. We advise that you have our approval to raise the short term credit for the purpose of imports. 2. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be permitted by authorised dealer up to less than 3 years and beyond 3 years by RBI). The loan is subject to compliance of the Exim policy of Govt. of India in force. In case the import is made on collection basis the Authorised Dealer shall ensure strict compliance with the instructions contained in A.P. (Dir Series) Circular No.9 dated 24 th August 2000. You shall ensure the import of goods, for which the loan is raised, and shall submit the documentary evidence to us in due course. THE BORROWER SHOULD PREPARE IN DUPLICATE A STATEMENT OF OUTSTANDINGS IN RESPECT OF THE LOAN IN FORM ECB-5. A COPY OF THE STATEMENT, SHOULD BE SUBMITTED TO CGM, ECD, RBI, C.O., ON A MONTHLY BASIS BY THE 10 TH OF THE FOLLOWING MONTH ..... X X X X Extracts X X X X X X X X Extracts X X X X
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