Processing of claims where an exporter gets payment by Insurance Agencies (not through banks).

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..... . 47 /2009-2014 (RE- 2013) Dated: 8th January, 2014 Subject- Processing of claims where an exporter gets payment by Insurance Agencies (not through banks). In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby makes the following amendment in paragraph 2.25.2 of the Handbook of Procedures (Vol. I) 2009-14 with .....

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..... $ using the exchange rate (published by CBEC) applicable on the date of settlement of insurance claim". Effect of Public Notice: A procedure for processing of claims in respect of realization of export proceeds through insurance agency is being introduced. (Anup K. Pujari) Director General of Foreign Trade E-mail: [email protected] [Issued from file No. 01/93/180/40/AM-14/PC-2(B)]
Circular, Tr .....

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