Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News Commentaries / Editorials Month 8 2007 2007 (8) This

FEMA - Payment made to non-residents – Undertaking and CA certificate to be submitted

1-8-2007
  • Contents

RBI in its circular has instructed that a remitter of foreign exchange is required to submit an undertaking and CA certificate to be submitted in prescribed form.

Undertaking and CA certificate are not limited to transactions on which TDS is to be deducted but also applicable to all payments related to trade.

[See: RBI/2007-2008/100 A. P. (DIR Series) Circular No. 03]

Quick Updates:Latest Updates