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of <h1>Certificate Confirms Compliance for Payment of Technical Know-how Fee Under Foreign Collaboration; Ensures RBI and Tax Regulations Met.</h1> This document is a Certificate for Payment of Technical Know-how Fee under a Foreign Technical Collaboration between an Indian company and an overseas collaborator. The collaboration, approved by the Reserve Bank of India and the Ministry of Industry, involves a lump sum fee payable in installments. The certificate confirms that obligations under the collaboration agreement have been fulfilled, and payments are made in compliance with the RBI and Government approvals. It verifies the accuracy of statements, tax compliance, and payment of cess under the R&D Cess Act. A Chartered Accountant or Engineer certifies the document, ensuring all conditions and financial obligations are met.
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