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D.O. EC.CO.PCD.No.117/15.02.75/2002-03 |
RESERVE BANK OF INDIA
EXCHANGE CONTROL DEPARTMENT
CENTRAL OFFICE,
MUMBAI-400 001
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Deputy General Manager
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D.O. EC.CO.PCD.No.117/15.02.75/2002-03 |
March 31, 2000 |
| |
Dear Shri Mittal
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Fixed Deposit out of EEFC Account |
| |
| Please refer to your letter D.O. No.JS(DKM)/Misc/2002/873 dated December 12, 2002 on the above subject.
2. In this connection, we forward herewith a copy each of the Notification No.FEMA.63/2002-RB dated June 21, 2002 and A.P.(DIR series) Circular No.28 dated October 3, 2002 issued permitting a unit located in a Special Economic Zone to open, hold and maintain a Foreign Currency Account with an authorised dealer in India subject to certain conditions. It may be observed therefrom that no restrictions have been placed on opening, maintaining and holding of any type of account/deposit by a unit in SEZ.
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With regards,
Yours sincerely,
(N.D. Deshmukh) |
|
D.O. EC.CO.PCD.No.117/15.02.75/2002-03 |
RESERVE BANK OF INDIA
EXCHANGE CONTROL DEPARTMENT
CENTRAL OFFICE,
MUMBAI-400 001
|
Deputy General Manager
|
D.O. EC.CO.PCD.No.117/15.02.75/2002-03 |
March 31, 2000 |
| |
Dear Shri Mittal
|
Fixed Deposit out of EEFC Account |
| |
| Please refer to your letter D.O. No.JS(DKM)/Misc/2002/873 dated December 12, 2002 on the above subject.
2. In this connection, we forward herewith a copy each of the Notification No.FEMA.63/2002-RB dated June 21, 2002 and A.P.(DIR series) Circular No.28 dated October 3, 2002 issued permitting a unit located in a Special Economic Zone to open, hold and maintain a Foreign Currency Account with an authorised dealer in India subject to certain conditions. It may be observed therefrom that no restrictions have been placed on opening, maintaining and holding of any type of account/deposit by a unit in SEZ.
|
With regards,
Yours sincerely,
(N.D. Deshmukh) |
|
D.O. EC.CO.PCD.No.117/15.02.75/2002-03 |
RESERVE BANK OF INDIA
EXCHANGE CONTROL DEPARTMENT
CENTRAL OFFICE,
MUMBAI-400 001
|
Deputy General Manager
|
D.O. EC.CO.PCD.No.117/15.02.75/2002-03 |
March 31, 2000 |
| |
Dear Shri Mittal
|
Fixed Deposit out of EEFC Account |
| |
| Please refer to your letter D.O. No.JS(DKM)/Misc/2002/873 dated December 12, 2002 on the above subject.
2. In this connection, we forward herewith a copy each of the Notification No.FEMA.63/2002-RB dated June 21, 2002 and A.P.(DIR series) Circular No.28 dated October 3, 2002 issued permitting a unit located in a Special Economic Zone to open, hold and maintain a Foreign Currency Account with an authorised dealer in India subject to certain conditions. It may be observed therefrom that no restrictions have been placed on opening, maintaining and holding of any type of account/deposit by a unit in SEZ.
|
With regards,
Yours sincerely,
(N.D. Deshmukh) |
|
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