The
Head/Principal Offices of all
Authorized Dealers in Foreign Exchange
Dear
Sirs / Madam,
EXPORTS
OF FRESH FRUITS / VEGETABLES
Attention
of the Authorized Dealers (ADs) is invited to the para 24
(ii) of Chapter XII of the Foreign Exchange Manual (8th
edition 2002). In order to address the issues of exporters
of fresh fruits/vegetables to bulk buying agents/agents
aboard, it is clarified that the Advance Payments would
be admissible for shipments to destination’s other
than the remittance originating country, subject to the
following: -