Start with Search - Type your requirement here

Wednesday, January 6, 2010

No limits for royalty/lumpsum payment in FEMA under Current Account Transaction as per PN 8 – DIPP allowed it under Automatic route (ie) without the approval of RBI

Press Note 8 of 2009 as notified by 0/0 IPP F. No. 5(6)/2008-FC dated 16.12.2009

The existing policy of Government of India on the payment of royalties under Foreign Technology Collaboration provides for automatic approval for foreign technology transfers involving payment of lumpsum fee of US$ 2 million and payment of royalty of 5% on domestic sales and 8% on exports. In addition, where there is no technology transfer involved, royalty up to 2% for exports and 1% for domestic sales is allowed under automatic route on use of trademarks and brand names of the foreign collaborator. Separate norms are available for the hotel sector vide Press Note 18 (1991 Series) and Press Note 1 (1995 Series). Technology transfers involving payments above these limits required prior permission of the Government of India (Project Approval Board, Department of Industrial Policy and Promotion).

The Government of India has reviewed the extant policy and it has been decided to permit, with immediate effect, payments for royalty, lumpsum fee for transfer of technology and payments for use of trademark/brand name on the automatic route i.e. without any approval of the Government of India. All such payments will be subject to Foreign Exchange Management (Current Account Transactions) Rules, 2000 as amended from time to time.

Meaning, Payment of Royalty and Lumpsum fees is fully liberalised now without any ceiling limits and will fall under Automatic Route.

8 comments:

Hotel Clarks Amer said...

the Clarks Group of Hotels is having the continued honor of serving many distinguished guests who have their appreciation of the high standards of hospitality and service.

Anonymous said...

but in module of cs old policies r given..this confuses students..

Anonymous said...

To start with, see if it is possible to sell
your car or cars. He attributed the success of the thermostat to its functionality and effective usage.
Look for bargains, when buying expensive things that you
need.

Also visit my webpage :: nest thermostat

Anonymous said...

I told them to type in "Mac - Book Air broken hinge" on Google for proof of the widespread issue, but they just
shrugged it off. The latest offering in the Air series
is the 11 and 13 inch laptops. It was a great investment and I found that it's better to not sweat the small stuff.

Stop by my weblog - macbook air

Anonymous said...

So it really is greater to decide a 5-8 mega pixel cam and pay out
far more consideration to the Nikon digital camera batteries in its
place. A great side pan requires that the camera
travel together with the subject in both X
and Y-axis. In order to remove the lens, depress the lens release button
and rotate the lens clockwise.

Here is my homepage - nikon d7100 review

Anonymous said...

In fact, even if you lost the whole partition, data recovery is still able to retrieve the
lost data for you. Even so, several average well-known options of their software are: listening to stay
phone calls, notification for Sim modifications, locale checking
with Worldwide positioning system, accessibility to
emails dispatched and received by way of the i - Phone, view phone
documents background and other specifics of inbound and outbound phone
calls are the attributes that are preferred in most i - Phone spy applications from distinctive
makers. While the Inspiron and Samsung both offer the new i3 processor,
the Acer AS5253 comes with a quick AMD-E series 2.


Here is my site :: samsung chromebook reviews

Anonymous said...

To give life, a button on the side shows the charge
level. But there are useful tips using which you can keep your Mac running fast.
From left to right along the front edge of the Mac - Book Pro are.


my web page; macbook pro

Anonymous said...

Such addition shall greatly improve specific location detection typically, in addition to detecting location distance relative
to other objects. Both support tethering and have a GPS transceiver
with A-GPS. i - Phone application developers and Apple app
store still holds unmatchable number of apps in terms of quality.


Review my weblog samsung s4

Post a Comment

CS Updatin...

See Yes -> Yes, ACS

↑ Grab this Headline Animator