CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)
Jhansi Castle, 4th Floor, 7, Cooperage Road, Mumbai - 400 001. India
Tel : +91 22 22021288 Website : www.//chemexcil.in
EPC/LIC/EDPMS/EXTENSION 19/07/2019
ALL THE MEMBERS OF THE COUNCIL
RBI EDPMS
Exemption from provisions of Caution listing extended till 30/09/2019
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Dear Members,
As you are aware, caution listing on account of RBI-EDPMS has been a cause of concern as it impacts export shipments, document submission to buyers and also resultant business.
Lastly it was exempted till 30/06/2019, but council had subsequently received inquiries from the members for further extension.
In this regard, we have contacted Foreign Exchange Department, Reserve Bank of India and have beeninformed that the Exemption from provisions of Caution listing has been further extended till 30/09/2019.
The council has also been advised to impress upon members to ensure that all their shipping bills beyond due date of realization are closed at the earliest possible. Members are therefore requested to utilise this additional time up-to 30/09/2019 to clear such cases, if any.
Persistent issues, if any, however can be highlighted to the council on e-mail id’s: ed@chemexcil.gov.in and deepak.gupta@chemexcil.gov.in .
Thanking You,
Yours faithfully,
S.G. BHARADI
EXECUTIVE DIRECTOR
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