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Archive: 25 October 2010

Posts in 25 October 2010

SION H-158 as amendment done by Public Notice No. 104/(RE2008)/2004-09 dated 7.11.2008- DGFT Policy Circular No. 03(RE-2010)/2009-14

October 25, 2010 232 Views 0 comment Print

Such non-inclusion of the Public Notice in the SION book, that was published subsequently, does not signify that the specific SION (in this case H-158 in Public Notice of 7.11.2008) has been rescinded / withdrawn. The SION H-158, as amended on 7.11.2008, continues to be available in the application filing software at DGFT Website (www.dgft.gov.in). RAs may please take note.

Credit/Debit Card transactions- Security Issues and Risk mitigation measures for Card Not Present Transactions

October 25, 2010 397 Views 0 comment Print

In this regard, it is clarified that the mandate shall apply to all transactions using cards issued in India, for payments on merchant site where no outflow of foreign exchange is contemplated. The linkage to an overseas website/payment gateway cannot be the basis for permitting relaxations from implementing the mandate.

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