https://www.taxtmi.com/circulars?id=1972 Authorised Dealers must permit remittances for prepayment of outstanding External Commercial Borrowings under the automatic route without any limit when prepayment is made from local resources or market purchases; prepayments from EEFC balances or fresh foreign equity inflows remain permissible without restriction. All other conditions of the earlier circular continue to apply, the facility is available until further notice subject to review, and the directions are issued under Section 10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999. en-us Sat, 01 Mar 2003 00:00:00 +0530 Mon, 06 Oct 2008 14:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1972 Authorised Dealers must permit remittances for prepayment of outstanding External Commercial Borrowings under the automatic route without any limit when prepayment is made from local resources or market purchases; prepayments from EEFC balances or fresh foreign equity inflows remain permissible without restriction. All other conditions of the earlier circular continue to apply, the facility is available until further notice subject to review, and the directions are issued under Section 10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999. Circulars FEMA Sat, 01 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1972