https://www.taxtmi.com/circulars?id=7822 Calculation of Net Foreign Exchange (NFE) under Rule 53 of the SEZ Rules, 2006 must be done in rupee terms. If a unit is NFE negative and attributes it to foreign exchange fluctuation, the Approval Committee may consider the case provided the unit submits computations certified by an Authorised Bank. en-us Fri, 13 Nov 2009 00:00:00 +0530 Wed, 25 Nov 2009 09:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7822 Calculation of Net Foreign Exchange (NFE) under Rule 53 of the SEZ Rules, 2006 must be done in rupee terms. If a unit is NFE negative and attributes it to foreign exchange fluctuation, the Approval Committee may consider the case provided the unit submits computations certified by an Authorised Bank. Circulars SEZ Fri, 13 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7822