Consumer Court Directs Amazon, Seller to Pay Rs.4.68 Lakh to Customer as Compensation || MP HC: Pension is a Proprietary Right and Cannot be Withheld unless Grave Misconduct is Proved || HP High Court: ITBP Constable Removal For Affair Disproportionate; Orders Compulsory Retirement || Calcutta High Court: Trade Licence Not Required For Advocates’ Partnership Registration || Supreme Court: Courts Cannot Compel Plaintiffs to Accept Compensation Instead of Injunctions || Delhi HC: Saying “Maro Sale Ko” During a Fight Alone Does Not by Itself Establish Intent to Kill || Delhi HC Ordered Removal of Fake News About Judges’ London Badminton Event, Restrained its Sharing || Bombay HC: Calling Police over Routine Transfers or External Complaints is Misconduct || Delhi HC Upheld EC’s Decision Banning Political Ads in the Delhi Metro During Model Code of Conduct || Delhi HC: In the Telegram Case Entire Social Media Platforms Can Be Blocked U/S 69A of the IT Act

Processing and settlement of import and export related payments facilitated by Online Payment Gateway Service Providers - (Reserve Bank of India) (24 Sep 2015)

Import-export payments facilitated by OPGSP

MANU/APDR/0075/2015

Banking

Reserve Bank of India has permitted AD Category-1 banks to offer the facility of repatriating import related remittances, in respect of import of goods and services, by entering into standing arrangements with the Online Payment Gateway Service Providers.

Relevant : Enhancement of the value of transaction MANU/APDR/0072/2013 Processing and Settlement of Export by Online Payment Gateways MANU/APDR/0137/2010

Tags : BANK IMPORT REMITTANCE ONLINE PAYMENT

Share :