Foreign currency means any currency other than Indian currency under the foreign exchange regulatory framework. The term foreign currency is defined as any currency other than Indian currency; this definitional rule serves as the operative benchmark in administrative manuals and ready reckoners guiding law and practice, and determines how non Indian currency denominated instruments, receipts and payments are identified and treated for foreign exchange regulatory compliance.
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.
Foreign currency means any currency other than Indian currency under the foreign exchange regulatory framework.
The term foreign currency is defined as any currency other than Indian currency; this definitional rule serves as the operative benchmark in administrative manuals and ready reckoners guiding law and practice, and determines how non Indian currency denominated instruments, receipts and payments are identified and treated for foreign exchange regulatory compliance.
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