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Manner of Payment in certain cases

Regulation 6 - Regulation - FEMA - Regulation 6 - 6. :- (1) Notwithstanding anything contained in Regulation 5, a person resident in India may make payment for import of goods. In foreign exchange through an international card held by him/ in rupees .....

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nt is so made is in conformity with the provisions of the Act, rules and regulations made thereunder; and (b) the import is also in conformity with the provision of the Foreign Trade Policy in force. (2) Any person resident in India may also make pay .....

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e or a draft as consideration for purchase of gold or silver in any form imported by such person in accordance with the terms and conditions imposed under any order issued by the Central Government under the Foreign Trade (Development and Regulations .....

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