Section 2(h) in The Foreign Exchange Management (Establishment In India Of Branch Or Office Or Other Place Of Business) Regulations, 2000
(h)[ "stand alone basis" means such branch offices would be isolated and restricted to the Special "Economic Zone alone and no business activity/transaction will be allowed outside the Special Economic Zones in India which includes branches/subsidiaries of its parent office in India;] [ Inserted by G.S.R. 847(E), dated 3.10.2003 (w.e.f. 29.10.2003).]
