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FEMA - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

FERA – penalty - payments made for being remitted outside India ...


High Court Rules Remittance of US$ 25,000 by Appellant Not a Violation of FERA Section 9(1)(f)(i.

July 7, 2012

Case Laws     FEMA     HC

FERA – penalty - payments made for being remitted outside India with a view to acquire US$ 25000/- by such appellant would not be in violation of Section 9(1)(f)(i) of the FERA - HC

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