Special Currency Basket valuation revised under FEMA; authorised dealer banks must apply and notify constituents accordingly. AD Category I banks are notified that the Rupee value of the Special Currency Basket has been revised and that this revised valuation is effective from the stated effectivity date; banks are instructed to inform their constituents and the directions are issued under FEMA sections 10(4) and 11(1), without prejudice to other legal permissions or approvals.
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Provisions expressly mentioned in the judgment/order text.
Special Currency Basket valuation revised under FEMA; authorised dealer banks must apply and notify constituents accordingly.
AD Category I banks are notified that the Rupee value of the Special Currency Basket has been revised and that this revised valuation is effective from the stated effectivity date; banks are instructed to inform their constituents and the directions are issued under FEMA sections 10(4) and 11(1), without prejudice to other legal permissions or approvals.
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