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Jayanta (Service)     28 September 2020

Gr-edf waiver certificate by ad bank

We did obtain GR Waiver / EDF Waiver from bank to send defect item abroad for repair purpose. Now, it is almost total overhauling seemingly a new one, Does RBI-Master Circular permit such a new item against defect item sent abroad for repair purpose? Please guide

Rgds

Jayanta bandyopadhyay

Howrah

28.9.2020



 2 Replies

P. Venu (Advocate)     29 September 2020

The matter requires professional consultation.

Dr J C Vashista (Advocate)     29 September 2020

The abbreviations used should be reposted with full form.

Procedural query should be contacted with concerned Bank.


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