Exchange control copy

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

31 July 2012 Dear All

We are importer and we did some import payment during the year 2004-05,to 2010-11 and we are misplaced the exchange control copy which need to submit in bank,,

Is there any provision in RBI for giving certification to bank for closing the forex transaction in there record

Regards

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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01 August 2012 You can get the attestation from the customs authority
on the copy of the Exchange control copy which usually bank accepts.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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01 August 2012 any query will be highly appreciate.

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Vishal D Shah

Vishal D Shah (Expert)
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01 August 2012 Bank can close the tranx based on shipping docs if satisfied abt track records of the customer. It shall depend on bank however some proof of import needs to be produced

Querist : Anonymous

Querist : Anonymous (Querist)

02 August 2012 Dear Sir,

i think it is not possible to trace out such old record and i would like to know can we give any proof of import to bank for closing of the same like : auditor certificate for physical import of goods for said payment if so please confirm....could you please check master circular of RBI ( RBI/2008-09/21) dated.July 1 2008 Circular No.08/2008-09 for dealing of transaction below 100000....

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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06 August 2012 can get the attestation from the customs authority
on the copy of the Exchange control copy which usually bank accepts.

Querist : Anonymous

Querist : Anonymous (Querist)

09 August 2012 Dear Sir,

I would like to say i dont have any proof for the same except the data base with me/....

Vishal D Shah

Vishal D Shah (Expert)
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09 August 2012 Write to bankers. In turn to rbi to close import bill

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Querist : Anonymous

Querist : Anonymous (Querist)