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RBI APPROVAL

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..... RBI APPROVAL
Query (Issue) Started By: - VISHNUDAS NAIK PARSAKAR Dated:- 28-12-2010 Last Reply Date:- 22-6-2011 FEMA
Got 1 Reply
FEMA
IF GOODS ARE SUPPLIED TO COMPANY IN INDIA AND BILLING .....

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..... IS DONE TO COMPANY IN UAE. REMITANCE WILL BE RECEIVED IN USD FROM UAE DO WE NEED TO TAKE PRIOR APPROVAL FROM RBI FOR SUCH CASES. IF NO PLEASE GIVE REFERNECE TO CIRCULAR/NOTIFICATION ETC. Reply By Su .....

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..... render Gupta: The Reply: There is no specific provision about this in accordance with my knowledge. But, you must provide the details to bank before getting the remittance to avoid the allegation of .....

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..... illegal money.
Discussion Forum - Knowledge Sharing .....

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