Foreign exchange directions permit instant coffee exports to Russian Federation on consignment; update filing of ODA and ODR forms. Permits export of instant coffee to the Russian Federation on consignment basis against repayment of State Credits following the procedure in the earlier circular. Authorised dealers must forward copies of forms ODA and ODR to the Chief General Manager, Exchange Control Department (Overseas Investment Division), Reserve Bank of India immediately after investments under Regulations 6, 9 and 11 of Notification FEMA 19/RB-2000; instructions for submission and filling of these forms are to be modified. Directions issued under Sections 10(4) and 11(1) of the FEMA, 1999; penalties apply for non compliance.
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.
Foreign exchange directions permit instant coffee exports to Russian Federation on consignment; update filing of ODA and ODR forms.
Permits export of instant coffee to the Russian Federation on consignment basis against repayment of State Credits following the procedure in the earlier circular. Authorised dealers must forward copies of forms ODA and ODR to the Chief General Manager, Exchange Control Department (Overseas Investment Division), Reserve Bank of India immediately after investments under Regulations 6, 9 and 11 of Notification FEMA 19/RB-2000; instructions for submission and filling of these forms are to be modified. Directions issued under Sections 10(4) and 11(1) of the FEMA, 1999; penalties apply for non compliance.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
