Foreign Technology Collaboration – Royalty Payment – Liberalisation

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..... oreign Technology Collaboration - Royalty Payment - Liberalisation Attention of authorised dealers is drawn to the Government policy on payment of royalty under Foreign Technology Collaboration. Presently, only wholly owned subsidiaries are allowed to pay royalty to offshore parent companies abroad without any restriction on the duration of payment under the automatic route. 2. With a view t .....

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..... ount Transactions) Rules, 2000 as notified under the Notification No.G.S.R.381(E) dated May 3, 2000 of the Government of India. 4. The ceiling on payment of lumpsum fee/royalty on the automatic route would continue to apply in all cases. 5. Authorised dealers may bring the contents of this circular to the notice of their constituents concerned. 6. The directions contained in the circular ha .....

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