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        Customs, DGFT & SEZ

        FEMA - Master Circulars

        July 3, 2012

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        >>>Master Circular - 15/2012-13 - dated - 02-07-2012
         
        Master Circular on Foreign Investment in India.
         
        >>>Master Circular - 14/2012-13 - dated - 02-07-2012
         
        Master Circular on Export of Goods and Services.
         
        >>>Master Circular - 13 /2012-13 - dated - 02-07-2012
         
        Master Circular on Import of Goods and Services.
         
        >>>Master Circular - 12/2012-13 - dated - 02-07-2012
         
        Master Circular on External Commercial Borrowings and Trade Credits.
         
        >>>Master Circular - 11/2012-13 - dated - 02-07-2012
         
        Master Circular on Direct Investment by Residents in Joint Venture (JV)/ Wholly Owned Subsidiary (WOS) Abroad.
         
        >>>Master Circular - 10/2012-13 - dated - 02-07-2012
         
        Master Circular on Memorandum of Instructions governing money changing activities.
         
        >>>Master Circular - 09/2012-13 - dated - 02-07-2012
         
        Master Circular on Compounding of Contraventions under FEMA, 1999.
         
        >>>Master Circular - 08/2012-13 - dated - 02-07-2012
         
        Master Circular on Remittance Facilities for Non-Resident Indians / Persons of Indian Origin / Foreign Nationals.
         
        >>>Master Circular - 07/2012-13 - dated - 02-07-2012
         
        Master Circular on Establishment of Liaison / Branch / Project Offices in India by Foreign Entities.
         
        >>>Master Circular - 06/2012-13 - dated - 02-07-2012
         
        Master Circular on Miscellaneous Remittances from India – Facilities for Residents.
         
        >>>Master Circular - 05/2012-13 - dated - 02-07-2012
         
        Master Circular on Risk Management and Inter-Bank Dealings.
         
        >>>Master Circular - 04 /2012-13 - dated - 02-07-2012
         
        Master Circular on Acquisition and Transfer of Immovable Property in India by NRIs/PIOs/Foreign Nationals of Non-Indian Origin.
         
        >>>Master Circular - 03/2012-13 - dated - 02-07-2012
         
        Master Circular on Memorandum of Instructions for Opening and Maintenance of Rupee/ Foreign Currency Vostro Accounts of Non-resident Exchange Houses.
         
        >>>Master Circular - 02/2012-13 - dated - 02-07-2012
         
        Master Circular on Non-Resident Ordinary Rupee (NRO) Account.
         
        >>>Master Circular - 01/2012-13 - dated - 02-07-2012
         
        Master Circular on Money Transfer Service Scheme.
        FEMA master circulars consolidate foreign exchange rules, clarifying compliance and transaction procedures across investment, trade and remittance. Consolidation of foreign exchange regulatory guidance through FEMA master circulars dated 02-07-2012 unifies operational frameworks and compliance instructions for cross-border transactions and resident/non-resident dealings. The series covers foreign investment, outward resident investment, import/export of goods and services, external commercial borrowings, establishment of foreign offices, remittance facilities, NRO and Vostro accounts, money changing and transfer services, immovable property transactions by NRIs/PIOs/foreign nationals, risk management, and compounding of contraventions, specifying eligibility, permitted activities and procedural requirements.
                        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.

                              FEMA master circulars consolidate foreign exchange rules, clarifying compliance and transaction procedures across investment, trade and remittance.

                              Consolidation of foreign exchange regulatory guidance through FEMA master circulars dated 02-07-2012 unifies operational frameworks and compliance instructions for cross-border transactions and resident/non-resident dealings. The series covers foreign investment, outward resident investment, import/export of goods and services, external commercial borrowings, establishment of foreign offices, remittance facilities, NRO and Vostro accounts, money changing and transfer services, immovable property transactions by NRIs/PIOs/foreign nationals, risk management, and compounding of contraventions, specifying eligibility, permitted activities and procedural requirements.





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                              ActsIncome Tax
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