Rule 6A When articles gifted for personal use do not amount to foreign contribution
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- I · Rules
1Ins. by G.S.R. 292(E), dated 12th April, 2012 (Foreign Contribution (Regulation) Amendment Rules, 2012).Any article gifted to a person for his personal use whose market value in India on the date of such gift does not exceed 2Subs. by G.S.R. 659(E), dated 16th September, 2019 (Foreign Contribution (Regulation) (Second Amendment) Rules, 2019), for "rupees twenty-five thousand".one lakh rupees shall not be a foreign contribution within the meaning of sub-clause (i) of clause (h) of sub-section (1) of sectionDefined in rule 2(d): section means section of the Act (2).
1. Ins. by G.S.R. 292(E), dated 12th April, 2012 (Foreign Contribution (Regulation) Amendment Rules, 2012).
2. Subs. by G.S.R. 659(E), dated 16th September, 2019 (Foreign Contribution (Regulation) (Second Amendment) Rules, 2019), for "rupees twenty-five thousand".