https://www.taxtmi.com/manuals?id=2952 Compounding of contraventions under the foreign exchange rules allows designated officers of the Reserve Bank of India and the Enforcement Directorate to settle quantifiable offences through prescribed procedures and fees within statutory time limits; jurisdictional competence is determined by monetary thresholds, three year exclusion rules affect repeat contraventions, applications must be heard and disposed within the timeframe, serious matters may be remitted to the adjudicating authority, compounding orders must be formalised in writing, payment of the compounding sum is required within the ordered period, and failure to pay or the existence of an appeal bars compounding. en-us Thu, 29 Jun 2023 15:19:00 +0530 Thu, 19 Sep 2024 14:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2952 Compounding of contraventions under the foreign exchange rules allows designated officers of the Reserve Bank of India and the Enforcement Directorate to settle quantifiable offences through prescribed procedures and fees within statutory time limits; jurisdictional competence is determined by monetary thresholds, three year exclusion rules affect repeat contraventions, applications must be heard and disposed within the timeframe, serious matters may be remitted to the adjudicating authority, compounding orders must be formalised in writing, payment of the compounding sum is required within the ordered period, and failure to pay or the existence of an appeal bars compounding. Manuals FEMA Thu, 29 Jun 2023 15:19:00 +0530 https://www.taxtmi.com/manuals?id=2952