https://www.taxtmi.com/notifications?id=4295 The Reserve Bank may authorize residents to enter into commodity contracts abroad to hedge price risk subject to conditions and Schedule III procedure; authorized dealer banks can be specially authorized to permit listed domestic companies to hedge imported/exported commodities under RBI directions and may seek RBI authority to grant such permissions. SEZ units may hedge on a stand-alone basis isolated from parent or subsidiary financial contracts, and Schedule III requires authorized dealers to verify documents and forward applications with recommendations to the Reserve Bank where applicable. en-us Thu, 16 Mar 2006 00:00:00 +0530 Sat, 04 Oct 2008 16:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=4295 The Reserve Bank may authorize residents to enter into commodity contracts abroad to hedge price risk subject to conditions and Schedule III procedure; authorized dealer banks can be specially authorized to permit listed domestic companies to hedge imported/exported commodities under RBI directions and may seek RBI authority to grant such permissions. SEZ units may hedge on a stand-alone basis isolated from parent or subsidiary financial contracts, and Schedule III requires authorized dealers to verify documents and forward applications with recommendations to the Reserve Bank where applicable. Notifications FEMA Thu, 16 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/notifications?id=4295