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RBI Extends Time Period for Outlay of Foreign Exchange in Merchanting Trade Transactions
3 October, 2025

The Reserve Bank of India (RBI) has issued an important update on October 1, 2025, through its A.P. (DIR Series) Circular No. 11, concerning Merchanting Trade Transactions (MTT). This move is set to provide much-needed relief to merchanting traders and …

Free of Cost RBI Eases Closure of Bill of Entry (BoE) for Free of Cost / No Commercial Value / Sample ImportsFree of Cost
3 October, 2025

The Reserve Bank of India (RBI) has introduced a welcome simplification in foreign trade reporting norms.On 29 September 2025, RBI issued fresh guidelines allowing Authorised Dealer (AD) Category-I banks to directly close Bills of Entry (BoE) in the Import Data …

RBI Simplifies Rules for Small Export & Import Bills (EDPMS & IDPMS)
3 October, 2025

The Reserve Bank of India (RBI) has introduced a welcome relief for businesses that handle smaller value trade transactions. Entries in the Export Data Processing and Monitoring System (EDPMS) and Import Data Processing and Monitoring System (IDPMS) often required lengthy …

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