( Author )
16 April 2013
We have imported capital goods worth CHF 48000. Advance payment of CHF 15000.00 was remitted through Bank "A" and after that goods was shipped. Original documents were received through bank "B" and balance payment of CHF 33000.00 was remitted through bank "B".
Now, as per RBI rules, importer has to submit proof of import i.e. Exchange control copy of Bill Of Entry to bank through which import payment was remitted.
In this case to which bank we should submit the Bill Of Entry?