Certificate of foreign inward remittance verifies remittance particulars and confirms reimbursement compliant with Reserve Bank approval. Form No. 10H is a bank certificate evidencing foreign inward remittance that records beneficiary and remitter details, remitting bank particulars, instrument number and date, foreign currency amount and rupee equivalent, exchange rate applied, mode of payment, and stated purpose. The bank must declare whether receipt was in non-convertible rupees or under special trade agreements and confirm reimbursement in a manner approved by the Reserve Bank of India; the form requires signature and countersignature attesting to the accuracy of the particulars.
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Provisions expressly mentioned in the judgment/order text.
Certificate of foreign inward remittance verifies remittance particulars and confirms reimbursement compliant with Reserve Bank approval.
Form No. 10H is a bank certificate evidencing foreign inward remittance that records beneficiary and remitter details, remitting bank particulars, instrument number and date, foreign currency amount and rupee equivalent, exchange rate applied, mode of payment, and stated purpose. The bank must declare whether receipt was in non-convertible rupees or under special trade agreements and confirm reimbursement in a manner approved by the Reserve Bank of India; the form requires signature and countersignature attesting to the accuracy of the particulars.
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