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ഒക്ടോ 03, 2003
Foreign Exchange Management [Withdrawal of General Permission to Overseas Corporate Bodies (OCBs)] Regulations, 2003
Reserve Bank of India Exchange Control Department Central Office Mumbai-400 001Notification No. FEMA@@NBSP@@ 101@@NBSP@@ /2003-RB Dated October@@NBSP@@ 3rd@@NBSP@@ ,2003 Foreign Exchange Management [Withdrawal of General Permission to Overseas Corporate Bodies (OCBs)] Regulations, 2003 In exercise of the powers conferred by clauses (b), (d), (e) and (f) of sub-section (3) of Section 6 read with Section 47 of the FEMA, 1999 (42 of 1999) and all other powers available t
Reserve Bank of India Exchange Control Department Central Office Mumbai-400 001Notification No. FEMA@@NBSP@@ 101@@NBSP@@ /2003-RB Dated October@@NBSP@@ 3rd@@NBSP@@ ,2003 Foreign Exchange Management [Withdrawal of General Permission to Overseas Corporate Bodies (OCBs)] Regulations, 2003 In exercise of the powers conferred by clauses (b), (d), (e) and (f) of sub-section (3) of Section 6 read with Section 47 of the FEMA, 1999 (42 of 1999) and all other powers available t
ഒക്ടോ 01, 2003
Import of gold against letter of authority issued by Nominated Agency
A.P.(DIR Series) Circular No. 25 (Oct 1, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P.(DIR Series) Circular No. 25October 1, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Import of gold against letter of authority issued by Nominated Agency As you are aware, under the Government’s Nominated Agency Scheme for import of gold, MMTC/ HHEC, STC & PEC, designated as nominated agency by Government and banks permitted by RBI are authorised to import gold for supp
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P.(DIR Series) Circular No. 25October 1, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Import of gold against letter of authority issued by Nominated Agency As you are aware, under the Government’s Nominated Agency Scheme for import of gold, MMTC/ HHEC, STC & PEC, designated as nominated agency by Government and banks permitted by RBI are authorised to import gold for supp
സെപ്റ്റം 27, 2003
Borrowing from Close Relatives Abroad
A.P. (DIR Series) Circular No.24 (Sept 27, 2003)
Reserve Bank of India Exchange Control Department Central Office Mumbai - 400 001 A.P. (DIR Series) Circular No.24September 27, 2003To All Authorised Dealers in Foreign ExchangeMadam/Sirs,Borrowing from Close Relatives Abroad Attention of Authorised Dealers is invited to paragraph (iv) of the Schedule to Regulation 6 of Notification No.FEMA 3/2000-RB dated May 3, 2000 in terms of which an individual resident in India is allowed by Reserve Bank, on application, to borr
Reserve Bank of India Exchange Control Department Central Office Mumbai - 400 001 A.P. (DIR Series) Circular No.24September 27, 2003To All Authorised Dealers in Foreign ExchangeMadam/Sirs,Borrowing from Close Relatives Abroad Attention of Authorised Dealers is invited to paragraph (iv) of the Schedule to Regulation 6 of Notification No.FEMA 3/2000-RB dated May 3, 2000 in terms of which an individual resident in India is allowed by Reserve Bank, on application, to borr
സെപ്റ്റം 24, 2003
Export of Goods and Services - Payment of Claims by ECGC
A.P.(DIR Series) Circular No.22 (Sept 24, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P.(DIR Series) Circular No.22September 24, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Export of Goods and Services - Payment of Claims by ECGC Attention of Authorised Dealers is invited to Paragraph C.17 of the annexure to A.P.(DIR Series) Circular No.12 dated September 9, 2000 in terms of which exporter is not absolved of the statutory obligation undertaken by him on the G
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P.(DIR Series) Circular No.22September 24, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Export of Goods and Services - Payment of Claims by ECGC Attention of Authorised Dealers is invited to Paragraph C.17 of the annexure to A.P.(DIR Series) Circular No.12 dated September 9, 2000 in terms of which exporter is not absolved of the statutory obligation undertaken by him on the G
സെപ്റ്റം 24, 2003
Submission of Consolidated A1/A2 Forms
A.P.(DIR Series) Circular No.23 (Sept 24, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P.(DIR Series) Circular No.23September 24, 2003ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Submission of Consolidated A1/A2 FormsAs per the extant instructions, residents while making remittances exceeding USD 500 towards imports are required to apply in Form A1 and for other remittances in Form A2.2. With a view to streamlining the procedure and reducing paperwork associated wi
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P.(DIR Series) Circular No.23September 24, 2003ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Submission of Consolidated A1/A2 FormsAs per the extant instructions, residents while making remittances exceeding USD 500 towards imports are required to apply in Form A1 and for other remittances in Form A2.2. With a view to streamlining the procedure and reducing paperwork associated wi
സെപ്റ്റം 23, 2003
Foreign Exchange Management Act, 1999 -
EEFC/RFC(D) Account - Clarification
A.P. (DIR Series) Circular No.21 (Sept 23, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P. (DIR Series) Circular No.21September 23, 2003ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Foreign Exchange Management Act, 1999 – EEFC/RFC(D) Account - ClarificationAttention of Authorised Dealers is invited to Regulations 4 and 5A of Notification No.FEMA 10/2000-RB dated May 3, 2000, as amended from time to time, in terms of which a person resident in India may hold, open and
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P. (DIR Series) Circular No.21September 23, 2003ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Foreign Exchange Management Act, 1999 – EEFC/RFC(D) Account - ClarificationAttention of Authorised Dealers is invited to Regulations 4 and 5A of Notification No.FEMA 10/2000-RB dated May 3, 2000, as amended from time to time, in terms of which a person resident in India may hold, open and
സെപ്റ്റം 23, 2003
Opening of Foreign Currency Account in India by Project /
Service Exporter for Execution of Contract Abroad
A.P.(DIR Series) Circular No.20 (Sept 23, 2003)
Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001 A.P.(DIR Series) Circular No.20 September 23, 2003 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Opening of Foreign Currency Account in India by Project / Service Exporter for Execution of Contract Abroad Attention of Authorised Dealers is invited to Regulation 7(5) of Notification No.FEMA. 10/2000-RB dated May 3, 2000 relating to opening, holding and maintaining Foreign Curr
Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001 A.P.(DIR Series) Circular No.20 September 23, 2003 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Opening of Foreign Currency Account in India by Project / Service Exporter for Execution of Contract Abroad Attention of Authorised Dealers is invited to Regulation 7(5) of Notification No.FEMA. 10/2000-RB dated May 3, 2000 relating to opening, holding and maintaining Foreign Curr
സെപ്റ്റം 23, 2003
Purchase/Sale of Immovable Property by
Foreign Embassies/Diplomats/Consulate Generals
A.P. (DIR Series) Circular No.19 (Sept 23, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P. (DIR Series) Circular No.19September 23, 2003ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Purchase/Sale of Immovable Property byForeignEmbassies/Diplomats/Consulate GeneralsAttention of Authorised Dealers is invited to Regulation 5 of Notification No.FEMA.21/2000-RB dated May 3, 2000 regarding acquisition of immovable property in India by a person resident outside India for ca
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P. (DIR Series) Circular No.19September 23, 2003ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Purchase/Sale of Immovable Property byForeignEmbassies/Diplomats/Consulate GeneralsAttention of Authorised Dealers is invited to Regulation 5 of Notification No.FEMA.21/2000-RB dated May 3, 2000 regarding acquisition of immovable property in India by a person resident outside India for ca
സെപ്റ്റം 20, 2003
Remittance of Salary - Relaxation
A.P. (DIR Series) Circular No.17 (Sept 20, 2003)
Reserve Bank of India Exchange Control Department Central Office Mumbai - 400 001 A.P. (DIR Series) Circular No.17 September 20, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Remittance of Salary - Relaxation Attention of Authorised Dealers is invited to Regulation No.7(8) of the Notification No.FEMA 10/2000-RB dated May 3, 2000 as amended by the Notification No.FEMA 34/2001-RB dated January 22, 2001, in terms of which foreign nationals employed in In
Reserve Bank of India Exchange Control Department Central Office Mumbai - 400 001 A.P. (DIR Series) Circular No.17 September 20, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Remittance of Salary - Relaxation Attention of Authorised Dealers is invited to Regulation No.7(8) of the Notification No.FEMA 10/2000-RB dated May 3, 2000 as amended by the Notification No.FEMA 34/2001-RB dated January 22, 2001, in terms of which foreign nationals employed in In
സെപ്റ്റം 20, 2003
Deferred Payments Protocols dated 30th April 1981 and
23rd December 1985 between the Government of India and erstwhile USSR
A.P.(DIR Series) Circular No.16 (Sept 20, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P.(DIR Series) Circular No.16September 20, 2003ToAll Authorised Dealers in Foreign Exchange Madam / Sirs,Deferred Payments Protocols dated 30th April 1981 and23rd December 1985 between the Government of Indiaand erstwhile USSRAttention of Authorised Dealers is invited to AP(DIR Series) Circular No.89 dated March 28, 2003 wherein the rupee value of the special currency basket effective from
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P.(DIR Series) Circular No.16September 20, 2003ToAll Authorised Dealers in Foreign Exchange Madam / Sirs,Deferred Payments Protocols dated 30th April 1981 and23rd December 1985 between the Government of Indiaand erstwhile USSRAttention of Authorised Dealers is invited to AP(DIR Series) Circular No.89 dated March 28, 2003 wherein the rupee value of the special currency basket effective from
സെപ്റ്റം 20, 2003
Foreign Currency Accounts by non-Diplomatic Staff of
Foreign Embassies in India Holding Official Passport
A.P.(DIR Series) Circular No.18 (Sept 20, 2003)
Reserve Bank of India Exchange Control Department Central office Mumbai – 400 001 A.P.(DIR Series) Circular No.18 September 20, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Foreign Currency Accounts by non-Diplomatic Staff of Foreign Embassies in India Holding Official Passport Attention of Authorised Dealers is invited to Regulation No.4(3) of Notification No.FEMA 5/2000-RB dated May 3, 2000 in terms of which diplomatic missions and diplomatic perso
Reserve Bank of India Exchange Control Department Central office Mumbai – 400 001 A.P.(DIR Series) Circular No.18 September 20, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Foreign Currency Accounts by non-Diplomatic Staff of Foreign Embassies in India Holding Official Passport Attention of Authorised Dealers is invited to Regulation No.4(3) of Notification No.FEMA 5/2000-RB dated May 3, 2000 in terms of which diplomatic missions and diplomatic perso
സെപ്റ്റം 17, 2003
Advance Remittance for Imports
A.P.(DIR Series) Circular No.15 (Sept 17, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P.(DIR Series) Circular No.15September 17, 2003To All Authorised Dealers in Foreign ExchangeMadam/Sirs,Advance Remittance for ImportsAttention of Authorised Dealers is invited to paragraph A.6 of the Annexure to A.P. (DIR Series) Circular No.106 dated June 19, 2003 in terms of which authorised dealers have been permitted to make advance remittance upto USD 100,000 (USD one hundred thousand
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P.(DIR Series) Circular No.15September 17, 2003To All Authorised Dealers in Foreign ExchangeMadam/Sirs,Advance Remittance for ImportsAttention of Authorised Dealers is invited to paragraph A.6 of the Annexure to A.P. (DIR Series) Circular No.106 dated June 19, 2003 in terms of which authorised dealers have been permitted to make advance remittance upto USD 100,000 (USD one hundred thousand
സെപ്റ്റം 01, 2003
Investment by FIIs/NRIs in Exchange Traded Derivative Contracts(ETDCs)
A.P.(DIR Series) Circular No.13 (September 1, 2003)
Reserve Bank of India Exchange Control Department Central Office Mumbai – 400 001 A.P.(DIR Series) Circular No.13 September 1, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Investment by FIIs/NRIs in Exchange Traded Derivative Contracts(ETDCs) Attention of Authorised Dealers is invited to Regulation 5 of Notification No. FEMA 20/2000-RB dated 3rd May 2000 conveying permission for purchase of shares by certain persons resident outside India. 2. As part
Reserve Bank of India Exchange Control Department Central Office Mumbai – 400 001 A.P.(DIR Series) Circular No.13 September 1, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Investment by FIIs/NRIs in Exchange Traded Derivative Contracts(ETDCs) Attention of Authorised Dealers is invited to Regulation 5 of Notification No. FEMA 20/2000-RB dated 3rd May 2000 conveying permission for purchase of shares by certain persons resident outside India. 2. As part
ഓഗ 27, 2003
Foreign Exchange Management (Export of Goods & Services) (Amendment) Regulations, 2003
[A.P.(DIR Series) Circular No.97 dated June 21, 2004] RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.99/2003-RB dated August 27, 2003 Foreign Exchange Management (Export of Goods & Services) (Amendment) Regulations, 2003 In exercise of the powers conferred by clause (a) of sub-section (1), sub-section (3) of Section 7 and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) an
[A.P.(DIR Series) Circular No.97 dated June 21, 2004] RESERVE BANK OF INDIA EXCHANGE CONTROL DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 Notification No.FEMA.99/2003-RB dated August 27, 2003 Foreign Exchange Management (Export of Goods & Services) (Amendment) Regulations, 2003 In exercise of the powers conferred by clause (a) of sub-section (1), sub-section (3) of Section 7 and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) an
ഓഗ 27, 2003
Foreign Exchange Management (Manner of Receipt & Payments) (Amendment) Regulations, 2003
[A.P.(DIR Series) Circular No.97 dated June 21, 2004] RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001Notification No.FEMA.98/2003-RB dated August 27, 2003Foreign Exchange Management (Manner of Receipt & Payments)(Amendment) Regulations, 2003In exercise of the powers conferred by Section 47 of the Foreign Exchange Management Act, 1999 (Act 42 of 1999) and in partial modification of Notification No.FEMA.14/2000-RB dated May 3, 2000, the
[A.P.(DIR Series) Circular No.97 dated June 21, 2004] RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI-400 001Notification No.FEMA.98/2003-RB dated August 27, 2003Foreign Exchange Management (Manner of Receipt & Payments)(Amendment) Regulations, 2003In exercise of the powers conferred by Section 47 of the Foreign Exchange Management Act, 1999 (Act 42 of 1999) and in partial modification of Notification No.FEMA.14/2000-RB dated May 3, 2000, the
ഓഗ 20, 2003
Issue of shares to NRIs/OCBs on rights basis
A.P.(Dir Series) Circular No.10 (August 20, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai – 400 001.A.P.(Dir Series) Circular No.10August 20, 2003To All Authorised Dealers in Foreign ExchangeMadam/Sir,Issue of shares to NRIs/OCBs on rights basisAttention of authorised dealers is invited to sub-regulation (2) of Regulation 6 of Notification No.FEMA.20/2000-RB dated 3rd May 2000 in terms of which Indian companies are permitted to offer to a person resident outside India, equity or preferenc
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai – 400 001.A.P.(Dir Series) Circular No.10August 20, 2003To All Authorised Dealers in Foreign ExchangeMadam/Sir,Issue of shares to NRIs/OCBs on rights basisAttention of authorised dealers is invited to sub-regulation (2) of Regulation 6 of Notification No.FEMA.20/2000-RB dated 3rd May 2000 in terms of which Indian companies are permitted to offer to a person resident outside India, equity or preferenc
ഓഗ 20, 2003
Indo-Suriname Credit Agreement
dated March 17, 2003, for USD 10 Million
A.P. (DIR Series) Circular No.11 (August 20, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001.A.P. (DIR Series) Circular No.11August 20, 2003To All Authorised Dealers in Foreign ExchangeMadam/ Sirs,Indo-Suriname Credit Agreement dated March 17, 2003, for USD 10 Million The Government of India have extended a line of credit of an amount of USD 10 million (US Dollar Ten Million only) to the Government of Suriname under a credit agreement entered into between the two Governments on March
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001.A.P. (DIR Series) Circular No.11August 20, 2003To All Authorised Dealers in Foreign ExchangeMadam/ Sirs,Indo-Suriname Credit Agreement dated March 17, 2003, for USD 10 Million The Government of India have extended a line of credit of an amount of USD 10 million (US Dollar Ten Million only) to the Government of Suriname under a credit agreement entered into between the two Governments on March
ഓഗ 20, 2003
Export of Goods and Services
A.P. (DIR Series) Circular No.12 (Aug 20, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai – 400 001A.P. (DIR Series) Circular No.12August 20, 2003ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Export of Goods and ServicesAttention of authorised dealers is invited to A.P.(DIR Series) Circular No.12 dated August 28, 2002, in terms of which the facility for realisation and repatriation of full value of goods/software exported to the countries included in the list annexed to the above
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai – 400 001A.P. (DIR Series) Circular No.12August 20, 2003ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Export of Goods and ServicesAttention of authorised dealers is invited to A.P.(DIR Series) Circular No.12 dated August 28, 2002, in terms of which the facility for realisation and repatriation of full value of goods/software exported to the countries included in the list annexed to the above
ഓഗ 18, 2003
Evidence of Import - Liberalisation
A.P.(DIR Series) Circular No.9 (Aug 18, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai- 400 001 A.P.(DIR Series) Circular No.9 August 18, 2003 ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Evidence of Import – Liberalisation Attention of authorised dealers is invited to paragraph A10.1(i) of the Annexure to A.P (DIR Series) Circular No.106 dated June 19, 2003 in terms of which, it is obligatory on the part of the authorised dealers making import remittance to ensure that the i
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai- 400 001 A.P.(DIR Series) Circular No.9 August 18, 2003 ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Evidence of Import – Liberalisation Attention of authorised dealers is invited to paragraph A10.1(i) of the Annexure to A.P (DIR Series) Circular No.106 dated June 19, 2003 in terms of which, it is obligatory on the part of the authorised dealers making import remittance to ensure that the i
ഓഗ 16, 2003
Foreign Exchange Management Act, 1999
A.P. (DIR Series) Circular No.8 (Aug 16, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P. (DIR Series) Circular No.8August 16, 2003ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Foreign Exchange Management Act, 1999Attention of authorised dealers is invited to A.P.(DIR Series) circulars indicated in the Annexure. It was mentioned therein that necessary amendments to the Foreign Exchange Management Regulations, 2000 were being issued separately. The relevant amendment
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P. (DIR Series) Circular No.8August 16, 2003ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Foreign Exchange Management Act, 1999Attention of authorised dealers is invited to A.P.(DIR Series) circulars indicated in the Annexure. It was mentioned therein that necessary amendments to the Foreign Exchange Management Regulations, 2000 were being issued separately. The relevant amendment

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