Rupee Drawing Arrangement: inward remittances permitted to individuals and exchange houses under specified limits for private accounts. The Rupee Drawing Arrangement permits cross border inward remittances to India primarily on private account where remitter and beneficiary are individuals, with limited exceptions; remittances via Exchange Houses are allowed for financing trade transactions subject to specified limits, and the scheme is not used for outward remittances from India.
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.
Rupee Drawing Arrangement: inward remittances permitted to individuals and exchange houses under specified limits for private accounts.
The Rupee Drawing Arrangement permits cross border inward remittances to India primarily on private account where remitter and beneficiary are individuals, with limited exceptions; remittances via Exchange Houses are allowed for financing trade transactions subject to specified limits, and the scheme is not used for outward remittances from India.
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