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Master Circular on Import of Goods and Services

Master Circular on Import of Goods and Services 2025

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The document is a Master Circular issued by the Reserve Bank of India, detailing guidelines for the import of goods and services into India under the Foreign Exchange Management Act, 1999. It is organized into five parts covering an introduction, general and operational guidelines for imports, annexes with relevant notifications and forms, and a list of consolidated circulars. The circular emphasizes compliance with foreign trade policies, documentation requirements for import transactions, and outlines specific procedures for various types of imports including advance remittances and evidence of import. This circular has a validity period until July 1, 2009.

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