Dear All,
Please find attached the FEMA A.P. (DIR) Circular dated 13.05.2010, wherein, AD Category-I banks may permit drawl of foreign exchange for payment of royalty and lump-sum payment under technical collaboration agreements without the approval of Ministry of Commerce and Industry, Government of India.
Regards,
Ankur Garg
Attached File : 56 fema ap dir circular 13 05 2010.pdf downloaded: 130 times
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