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January 2016

Notification No. FEMA 357/2015-RB dated 7th December, 2015

By Gaurang Gandhi

Reading Time 1 mins

Foreign Exchange Management (Manner of Receipt and Payment) (Amendment) Regulations, 2015

This Notification has amended the Regulation 5 of Notification No. FEMA 14/2000-RB dated 3rd May, 2000, (Manner of Receipt and Payment), as under: –

After sub-regulation (2)(b) following shall be added at (c), namely: – ‘Any other mode of payment in accordance with the directions issued by the Reserve Bank of India to authorised dealers from time to time.’

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January 2016

Notification No. FEMA 357/2015-RB dated 7th December, 2015

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Notification No. FEMA 358/2015-RB dated 2nd December, 2015

2015 (40) STR 490 (Tri-Mum.) Trans Engineers India Pvt. Ltd. vs. CCE, Pune

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January 2016

Notification No. FEMA 357/2015-RB dated 7th December, 2015

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Notification No. FEMA 358/2015-RB dated 2nd December, 2015

2015 (40) STR 490 (Tri-Mum.) Trans Engineers India Pvt. Ltd. vs. CCE, Pune