Royalty payment liberalization: companies may remit royalties on the automatic approval route without duration limits, subject to lump sum caps. Policy permits all companies with foreign technology collaboration agreements to make royalty payments on the automatic approval route at the prescribed export and domestic rates without any restriction on duration, while retaining the existing ceiling on lumpsum fee and royalty payments under the automatic route.
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.
Royalty payment liberalization: companies may remit royalties on the automatic approval route without duration limits, subject to lump sum caps.
Policy permits all companies with foreign technology collaboration agreements to make royalty payments on the automatic approval route at the prescribed export and domestic rates without any restriction on duration, while retaining the existing ceiling on lumpsum fee and royalty payments under the automatic route.
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