Conversion of import payables into FDI under Government route requires complete application within prescribed 180-day period. Conversions of import payables for capital goods into FDI under the Government route require applications complete in all respects to be filed within 180 days from shipment; applications for capitalization must be complete and filed within 180 days from the company's incorporation. Other instructions of the earlier circular remain unchanged and amendments to FEMA regulations will be notified separately.
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.
Conversion of import payables into FDI under Government route requires complete application within prescribed 180-day period.
Conversions of import payables for capital goods into FDI under the Government route require applications complete in all respects to be filed within 180 days from shipment; applications for capitalization must be complete and filed within 180 days from the company's incorporation. Other instructions of the earlier circular remain unchanged and amendments to FEMA regulations will be notified separately.
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