Payining-in-Voucher (PIV) issued regarding Payment of Fees

 

Paying-in-Voucher (PIV) issued regarding Payment of Fees  

The following regulations are hereby imposed pertaining to the Paying-in-Voucher (PIV) issued regarding payment of license fees:

  1. Paying-in-Voucher (PIV) issued regarding payment of license fees should be updated as per the exchange rate prevailing on the first day of the week
  2. Maximum period of time permitted for such updating of Paying-in-Voucher (PIV) is limited to 30 days. No Paying-in-Voucher (PIV) exceeding 30 days’ permissible period should be updated.
  3. Approval granted to issue licenses relevant to Paying-in-Vouchers (PIV) for which payments were not made until lapse of 30 days’ period should also be considered annulled.
  4. These regulations shall come into force with effect from 16.07.2018.