Foreign Exchange Management (Foreign Currency Account by a person Resident in India) (Amendment) Regulations, 2002 - આરબીઆઈ - Reserve Bank of India
Foreign Exchange Management (Foreign Currency Account by a person Resident in India) (Amendment) Regulations, 2002
Reserve Bank of India Notification No.FEMA.77/2002-RB November 25, 2002 Foreign Exchange Management (Foreign Currency Account In exercise of the powers conferred by clause (b) of Section 9 and clause (e) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No.FEMA 10/2000-RB dated 3rd May, 2000, Reserve Bank of India makes the following amendments to Foreign Exchange Management (Foreign Currency Accounts by a person Resident in India) Regulations, 2000, namely; 1. Short title and commencement
2. Amendment to the Regulations In the Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) Regulations, 2000 in the Schedule, in paragraph 1, in sub-paragraph (1A), in clause (ii), after the words 'to a unit in Domestic Tariff Area', the following words shall be added, namely, 'and also payments received in foreign exchange by a unit in Domestic Tariff Area for supply of goods to a unit in Special Economic Zone (SEZ).' G.S.R.224(E) K.J. Udeshi
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