Definitions under FEMA export regulations clarify scope of 'export', 'software', 'export value' and authorised dealers. Regulation 2 sets definitions for the Export Regulations: export includes physical shipment and transfers by sale, lease, hire purchase or other arrangements and expressly covers transmission of software by electronic media; export value for lease type arrangements includes all charges payable; software covers programmes, databases, designs and signals in any non physical medium. It defines authorised dealer, Exim Bank, form, schedule and specified authority, notes omission of the 'Working Group' definition, and refers undefined terms to the Act.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Definitions under FEMA export regulations clarify scope of 'export', 'software', 'export value' and authorised dealers.
Regulation 2 sets definitions for the Export Regulations: export includes physical shipment and transfers by sale, lease, hire purchase or other arrangements and expressly covers transmission of software by electronic media; export value for lease type arrangements includes all charges payable; software covers programmes, databases, designs and signals in any non physical medium. It defines authorised dealer, Exim Bank, form, schedule and specified authority, notes omission of the "Working Group" definition, and refers undefined terms to the Act.
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