Who has the authority to permit remittance to Foreign Satellite Channels in respect of advertisement aired on its channel with effect from June 1, 2000?
Authorised dealers can permit such remittance, subject to the position stated for Question 1 above, after netting of the commission of local advertisement agent, as also local television channel agent and applicable taxes. Authorised dealers are required to satisfy themselves about the applicant’s eligibility to advertise, bonafides of the transactions, and that they are in compliance with the Government of India Notification No.G.S.R.381(E) dated May 3, 2000 and S.O.301(E) dated March 30, 2001.
Related Questions
- Are the Indian agents of Foreign Satellite Channels required to obtain RBIs approval for remittance of collectivised advertisement and cable subscription charges to their principal?
- Who has the authority to permit remittance to Foreign Satellite Channels in respect of advertisement aired on its channel with effect from June 1, 2000?
- How can I watch foreign TV and radio channels on satellite?
