Remittance for foreign television advertising requires regulatory checks; authorised dealers must verify exporter eligibility and foreign broadcast. Remittance for advertising on foreign television requires Reserve Bank prior approval where the remitter's export earnings do not meet the prescribed threshold in each of the two preceding years, unless payment is from an EEFC account. If prior permission is not required, authorised dealers must obtain a Chartered Accountant's certificate confirming the exporter meets the export-earnings criterion and that the advertisement will be broadcast abroad rather than solely in India.
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Provisions expressly mentioned in the judgment/order text.
Remittance for foreign television advertising requires regulatory checks; authorised dealers must verify exporter eligibility and foreign broadcast.
Remittance for advertising on foreign television requires Reserve Bank prior approval where the remitter's export earnings do not meet the prescribed threshold in each of the two preceding years, unless payment is from an EEFC account. If prior permission is not required, authorised dealers must obtain a Chartered Accountant's certificate confirming the exporter meets the export-earnings criterion and that the advertisement will be broadcast abroad rather than solely in India.
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