Post by account_disabled on Mar 15, 2024 21:19:33 GMT -8
The titled Discount and offset transactions the distinction between the parties being the same or different persons in the export and import of goods has been abolished and the remaining amount after offset has been brought to the country . Accordingly in case of export and import of goods it will be possible to offset the export and import costs of goods by banks provided that a copy of the relevant GBs or GB information is submitted to the banks provided that the export proceeds are brought to the country within the period.
The Situation of Different Currency Types in Offsetting Expenses Has Been Clarified If the foreign currency type to be used in the offset payment and the B TO B Database foreign currency type for the expense to be paid transferred as offset is different the maximum amount to be paid as offset will be determined by taking the CBRT cross rates as the basis on the offset date and any doubts regarding the issue have been eliminated. D. The Way for the Receivables Arising from Exports Made by Exporters to Foreign Subsidiaries to be Added to the Capital of the Foreign Subsidiaries Without Being Brought to the Country With the th paragraph added to the st article of the New.
Circular titled Discount and offset procedures in the offsetting of the export proceeds made by the exporters to their subsidiaries abroad with the amount to be added as capital to the same subsidiary of the exporter after the actual export date of the export in question the period of bringing the export proceeds to the country. Providing the condition of staying within and besides Relevant trade registry records indicating that the importer is a subsidiary of the exporter The importers written declaration containing the capital increase amount stating that the export proceeds in question have beenwill be added to the capital If the capital increase has not been realized yet.
The Situation of Different Currency Types in Offsetting Expenses Has Been Clarified If the foreign currency type to be used in the offset payment and the B TO B Database foreign currency type for the expense to be paid transferred as offset is different the maximum amount to be paid as offset will be determined by taking the CBRT cross rates as the basis on the offset date and any doubts regarding the issue have been eliminated. D. The Way for the Receivables Arising from Exports Made by Exporters to Foreign Subsidiaries to be Added to the Capital of the Foreign Subsidiaries Without Being Brought to the Country With the th paragraph added to the st article of the New.
Circular titled Discount and offset procedures in the offsetting of the export proceeds made by the exporters to their subsidiaries abroad with the amount to be added as capital to the same subsidiary of the exporter after the actual export date of the export in question the period of bringing the export proceeds to the country. Providing the condition of staying within and besides Relevant trade registry records indicating that the importer is a subsidiary of the exporter The importers written declaration containing the capital increase amount stating that the export proceeds in question have beenwill be added to the capital If the capital increase has not been realized yet.