https://www.taxtmi.com/circulars?id=52230 Policy now treats import of services, technical know how and license fees as part of import of capital goods for manufacturing and infrastructure companies, permitted under the automatic or approval route provided there is a signed agreement, original invoice certified by the borrower, declarations that the expenditure will be capitalised and forms part of project cost, and that the AD Category I bank ensures the bonafides; other ECB conditions remain unchanged. en-us Wed, 26 Jun 2013 00:00:00 +0530 Thu, 27 Jun 2013 09:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52230 Policy now treats import of services, technical know how and license fees as part of import of capital goods for manufacturing and infrastructure companies, permitted under the automatic or approval route provided there is a signed agreement, original invoice certified by the borrower, declarations that the expenditure will be capitalised and forms part of project cost, and that the AD Category I bank ensures the bonafides; other ECB conditions remain unchanged. Circulars FEMA Wed, 26 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52230