SCHEDULE I - See Rule 3 - Transactions which are prohibited - Foreign Exchange Management (Current Account Transactions) Rules, 2000

SCHEDULE I 2 [ Transactions which are Prohibited (see rule 3) ] Transactions which are prohibited 1. Remittance out of lottery winnings. 2. Remittance of income from racing/riding, etc. or any other hobby. 3. Remittance for purchase of lottery tickets, banned/ prescribed magazines, football pools, sweepstakes, etc. 4. Payments of commission on exports made towards equity investment in joint ventures/wholly owned subsidiaries abroad of Indian companies. 5. Remittance of dividend by any company to which the requirement of dividend balancing is applicable. 1 [6. Payment of commission on exports under Rupee State Credit Route, except commission up to 10% of invoice value of exports of tea and tobacco. ] 7. Payment related to Call Back Services of telephones. 8. Remittance of interest income on funds held in Non-Resident Special Rupee (Account) Scheme. ******************* NOTES:- 1 . Substituted vide Notification No. G.S.R. 397(E) dated 01-05-2003 , w.e.f. 01-05-2003 before it was read as, 6. Payment of commission on exports under Rupee State Credit Route, 2 . Substituted vide Notification No. G.S.R. 512(E) dated 27-07-2005 , w.e.f. 27-07-2005 before it was read as, (see Rule 3)