https://www.taxtmi.com/highlights?id=27350 Challenge to the RBI (FEMA) circular - validity and legality - Policy in relation to import of Gold - there is no basis for the complaint that it lacks jurisdiction or authority to regulate the dealings in foreign exchange. In the instant case, the Reserve Bank of India is doing precisely this and, therefore, it neither interferes nor takes over the powers of the competent authority either under the Act of 1992 or the Customs Act, 1962 - HC en-us Tue, 16 Feb 2016 13:15:03 +0530 Tue, 16 Feb 2016 13:15:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=27350 Challenge to the RBI (FEMA) circular - validity and legality - Policy in relation to import of Gold - there is no basis for the complaint that it lacks jurisdiction or authority to regulate the dealings in foreign exchange. In the instant case, the Reserve Bank of India is doing precisely this and, therefore, it neither interferes nor takes over the powers of the competent authority either under the Act of 1992 or the Customs Act, 1962 - HC Highlights FEMA Tue, 16 Feb 2016 13:15:03 +0530 https://www.taxtmi.com/highlights?id=27350