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        FEMA

        Regulation 8 - Remittance Related to a Commodity Derivative Contract

        Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000

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        Remittance for commodity derivative contracts permitted: authorised dealers may transfer foreign exchange for option premiums, incidental amounts, or RBI-approved payments. Authorised dealers may remit foreign exchange abroad for commodity derivative contracts, including option premiums payable by residents to non-residents, amounts incidental to contracts entered under regulation 6, and other related remittances approved by the Reserve Bank.
                        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.

                            Remittance for commodity derivative contracts permitted: authorised dealers may transfer foreign exchange for option premiums, incidental amounts, or RBI-approved payments.

                            Authorised dealers may remit foreign exchange abroad for commodity derivative contracts, including option premiums payable by residents to non-residents, amounts incidental to contracts entered under regulation 6, and other related remittances approved by the Reserve Bank.


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