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Home» Circulars» Rbi Edpms Exemption From Provisions Of Caution Listing Extended Till 30 09 2019

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RBI EDPMS Exemption from provisions of Caution listing extended till 30/09/2019
 

 

 

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

 

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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