https://www.taxtmi.com/circulars?id=1820 The Reserve Bank extends permission to persons resident in India to enter into hedging contracts for price exposure in crude oil and petroleum products under the Foreign Exchange Management (Foreign exchange derivative contracts) Regulations, 2000, applying the Schedule III procedural requirements mutatis mutandis; a formal amendment will be issued and authorised dealers must notify constituents, with contraventions liable to penalties under the Act. en-us Tue, 05 Sep 2000 00:00:00 +0530 Fri, 03 Oct 2008 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1820 The Reserve Bank extends permission to persons resident in India to enter into hedging contracts for price exposure in crude oil and petroleum products under the Foreign Exchange Management (Foreign exchange derivative contracts) Regulations, 2000, applying the Schedule III procedural requirements mutatis mutandis; a formal amendment will be issued and authorised dealers must notify constituents, with contraventions liable to penalties under the Act. Circulars FEMA Tue, 05 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1820