FDI clarification format required; requests lacking complete annexed particulars for proposed investments will not be processed. Departmental direction that only clarification requests on FDI policy submitted with complete particulars in the annexed format will be processed. The annex requires investor and investee identities and contacts, incorporation and business details, copy of MoA, proposed investment amount and foreign shareholding (pre/post), sector and NIC code, a concise gist of proposed activity, the policy paragraph for clarification, a brief issue statement, prior approval details with copies, and any other relevant information, signed by an authorised signatory.
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.
FDI clarification format required; requests lacking complete annexed particulars for proposed investments will not be processed.
Departmental direction that only clarification requests on FDI policy submitted with complete particulars in the annexed format will be processed. The annex requires investor and investee identities and contacts, incorporation and business details, copy of MoA, proposed investment amount and foreign shareholding (pre/post), sector and NIC code, a concise gist of proposed activity, the policy paragraph for clarification, a brief issue statement, prior approval details with copies, and any other relevant information, signed by an authorised signatory.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
