Compounding payments under FEMA must be made via NEFT/RTGS to revised accounts and notified to the office within two hours. The directions require compounding application fees and compounding amounts to be paid by NEFT/RTGS to revised bank accounts listed in Annexure I, which provides account numbers, IFSC codes and email contacts for central and regional offices. Payors must send a confirming email within two hours using the prescribed template with transaction details (including UTR, account and bank details, payment date, application reference where applicable and office to which payment was made), and may attach the payment email to the compounding application.
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Provisions expressly mentioned in the judgment/order text.
Compounding payments under FEMA must be made via NEFT/RTGS to revised accounts and notified to the office within two hours.
The directions require compounding application fees and compounding amounts to be paid by NEFT/RTGS to revised bank accounts listed in Annexure I, which provides account numbers, IFSC codes and email contacts for central and regional offices. Payors must send a confirming email within two hours using the prescribed template with transaction details (including UTR, account and bank details, payment date, application reference where applicable and office to which payment was made), and may attach the payment email to the compounding application.
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