ISSUING AUTHORITY : RESERVE
BANK OF INDIA
http://rbidocs.rbi.org.in/rdocs/notification/PDFs/CIRADI26062013F.pdf
DATE OF ISSUE : 26/06/2013
EFFECTIVE DATE : IMMEDIATE
EFFECT
CIRCULAR NO. 119
The extant guidelines issued
vide Notification No. FEMA 3/2000 -RB dated May 3, 2000 Circular No. 5 dated
August 1, 2005 on the captioned subject have been reviewed to include
import of services , technical know-how and payment of license fees as part of
import of capital goods by the companies for the use in manufacturing
sectors are permissible end uses of ECB under the automatic /approval route as
the case may be subject to certain conditions.
For detailed Circular, log on
to the Link given below
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