Certificate for Payment of Technical know-how fee under Foreign Technical collaboration

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....and M/s. ___________________________________________ ______________ (hereinafter referred to as "oversees collaborator" for _____________________________________________________________________ _____________________________________________________________________________________________ (specify purpose) 2. The above collaboration has been approved by the Reserve Bank of India/Government of Indi....

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....___. 4. A sum of __________________________ towards payment of instalment/s number(s) _____________________ has already been remitted on __________________ paid subject to fulfilment of obligation thereunder by the overseas collaborator. 5. A payment of __________________ net of tax/subject to tax towards________________________________ instalment has now become due to the overseas collaborator ....

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.... collaboration agreement in question has been concluded within the validity period of the Reserve Bank's/Government's letter of approval; (iv) the proposed payment does not in any way involve payment of any interest on delayed payment and/or any other payment which is not specifically permitted under RBI/Government's letter of approval dated _______________; (v) the Indian company has paid inc....