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What information should we report in item 3.7, item 3.7.1, item 3.8, item 3.8.1 in Section IV? - FEMA - FAQ - FEMAExtract Ans : The information of Direct Investment Enterprises (DIE) abroad relating to all purchases (including capital and revenue of goods and services)/ sales made domestically as well as foreign during the reference period (April - March) should be reported in item 3.7, item 3.7.1, item 3.8, item 3.8.1 in Section IV. The detail information to be furnished in these items is as given below: All expenses/sales of DIE abroad shown in profit and loss account to be taken as total purchases/total sale. Both goods and services of DIE abroad are to be included. All foreign purchases/ sales of DIE abroad i.e., imports and exports, should be captured from P L Account
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