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 05/11/2018
ALL MEMBERS OF THE COUNCIL
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RBI EDPMS
Exemption from provisions of Caution listing extended till 31/12/2018
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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 30/09/2018, but council had subsequently received inquiries from the members about further extension.
In this regard, council had written to the Foreign Exchange Department, Reserve Bank of India and have been advised by RBI that the Exemption from provisions of Caution listing has been extended till 31/12/2018 (letter enclosed).
Members are therefore requested to utilise this additional time up-to 31/12/2018 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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