Post by account_disabled on Mar 11, 2024 0:21:27 GMT -5
The the Value of Turkish Currency regarding the cash foreign currency in question . provision has been added . Before the mentioned provision in export transactions where the export price was collected in cash if the export was not realized within the maximum export period of months the entire price had to be refunded at once before the end of this period and partial refunds could only be made if justified circumstances such as discounts discounts and deterioration of goods were proven to exist.
It would have been possible. This time with the amendment it is possible to refund the cash export proceeds up to US Dollars or the Ecuador Mobile Number List equivalent foreign currency or Turkish Lira regardless of proof of justification. IT IS POSSIBLE TO PAY EXPORT PRICES IN CASH FOREIGN EXCHANGE BY CHECK PROVIDED THAT CERTAIN CONDITIONS ARE COMPLYED WITH With the letter dated . and numbered of the Ministry of Treasury and Finance the th paragraph below has been added to the th article titled Cash Foreign Exchange of the CBRT Export Circular In export transactions advance payment for exports can be made by check provided that the provisions in Article of this Circular are complied with.
In cash payments made by cheque the provisions of this article are applied by analogy depending on their relevance. Article of the Circular specified in the new regulation regulates the collection of the export price by other methods and according to the said article the following explanations must be complied with when making the payment for exports by check check deposited by exporters for collection or negotiation as export price is accepted by banks for negotiation If the drawer of the check is a bank abroad an Export Price Acceptance Certificate BKG can be issued at the time of submission. If the drawer of the check is an individual IBKB cannot.
It would have been possible. This time with the amendment it is possible to refund the cash export proceeds up to US Dollars or the Ecuador Mobile Number List equivalent foreign currency or Turkish Lira regardless of proof of justification. IT IS POSSIBLE TO PAY EXPORT PRICES IN CASH FOREIGN EXCHANGE BY CHECK PROVIDED THAT CERTAIN CONDITIONS ARE COMPLYED WITH With the letter dated . and numbered of the Ministry of Treasury and Finance the th paragraph below has been added to the th article titled Cash Foreign Exchange of the CBRT Export Circular In export transactions advance payment for exports can be made by check provided that the provisions in Article of this Circular are complied with.
In cash payments made by cheque the provisions of this article are applied by analogy depending on their relevance. Article of the Circular specified in the new regulation regulates the collection of the export price by other methods and according to the said article the following explanations must be complied with when making the payment for exports by check check deposited by exporters for collection or negotiation as export price is accepted by banks for negotiation If the drawer of the check is a bank abroad an Export Price Acceptance Certificate BKG can be issued at the time of submission. If the drawer of the check is an individual IBKB cannot.