SCH II - See Rule 4 - Transactions which require prior approval of the Central Government - Foreign Exchange Management (Current Account Transactions) Rules, 2000

SCHEDULE II 6 [ Transactions which require prior approval of the Central Government (see Rule 4) ] Transactions which require prior approval of the Central Government Purpose of Remittance Ministry/Department of Government of India whose approval is required 1. Cultural Tours Ministry of Human Resource Development (Department of Education and Culture) 2 [2. Advertisement in foreign print media for the purposes other than promotion of tourism, foreign investments and international bidding (exceeding US$ 10,000) by a State Government and its Public Sector Undertakings. Ministry of Finance, Department of Economic Affairs. ] 3. Remittance of Freight of vessel chartered by a PSU Ministry of Shipping Transport, (Chartering Wing) 4. Payment of import 3 [ through ocean transport ] by a Government Department or a PSU on c.i.f. basis (i.e., other than f.o.b. and f.a.s. basis) Ministry of Shipping Transport, (Chartering Wing) 5. Multi-modal transport operators making remittance to their agents abroad Registration Certificate from the Director General of Shipping 5 [6. Remittance of hiring charges of transponders (a) TV Channels Ministry of Information and Broadcasting (b) Internet service providers Ministry of Communication and Information Technology ] 7. Remittance of container detention charges exceeding the rate prescribed by Director General of Shipping Ministry of Surface Transport (Director General of Shipping) 8. 7 [*** ****] 9. Remittance of prize money/sponsorship of sports activity abroad by a person other than International/National/State Level sports bodies, if the amount involved exceeds US$ 1,00,000 Ministry of Human Resource Development, (Department of Youth Affairs and Sports) 10. 5 [**** ****] 11. Remittance for membership of P I Club Ministry of Finance (Insurance Division) **************** NOTES:- 1 . Substituted vide Notification No. G.S.R. 663(E) dated 09-08-2000 w.e.f. 09-08-2000 before it was read as, 2. Advertisement abroad by any PSU / State and Central Government Ministry of Finance, (Department Economic Affairs) 2 . Substituted vide Notification No. S.O. 301(E) dated 30-03-2001 w.e.f. 30-03-2001 before it was read as, 1 [2. Advertisement abroad by any State Government or its PSUs Ministry of Finance Department of Economic Affairs ] 3 . Inserted vide Notification No. G.S.R. 849(E) dated 27-10-2003 , w.e.f. 27-10-2003. 4 . Inserted vide Notification No. G.S.R.608(E) dated 13-09-2004 , w.e.f. 13-09-2004. 5 . Omitted vide Notification No. G.S.R.608(E) dated 13-09-2004 , w.e.f. 13-09-2004, before it was read as. 10. Payment for securing Insurance for health from a company abroad Ministry of Finance (Insurance Division) 6 . 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 4) 7 . Omitted vide Notification No. G.S.R. 382(E) dated 05-05-2010 w.e.f. 05-05-2010, before it was read as, 8. Remittances under technical collaboration agreements where payment of royalty exceeds 5% on local sales and 8% on exports and lump-sum payment exceeds US$2 million Ministry of Industry and Commerce