Door-to-door maturity cannot substitute for average maturity in external commercial borrowings and trade credits under FEMA guidance. FEMA guidance clarifies that door-to-door maturity cannot be used as a substitute for average maturity when calculating compliance with External Commercial Borrowings and trade credit maturity requirements; the prescribed average maturity methodology must be followed for regulatory classification and 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.
Door-to-door maturity cannot substitute for average maturity in external commercial borrowings and trade credits under FEMA guidance.
FEMA guidance clarifies that door-to-door maturity cannot be used as a substitute for average maturity when calculating compliance with External Commercial Borrowings and trade credit maturity requirements; the prescribed average maturity methodology must be followed for regulatory classification and compliance.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.