Trade Receipt by branch in India on behalf of Foreign Head Office

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..... Trade Receipt by branch in India on behalf of Foreign Head Office
Query (Issue) Started By: - Bakul Gandhi Dated:- 7-11-2011 Last Reply Date:- 10-11-2011 FEMA
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FEMA
A foreign .....

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..... company undertook consultancy work for a Govt Company. It then opened a branch office i India and obtained PAN. The Govt company made payment to Indian branch in Rupees and deducted tax at source. Is .....

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..... this in compliance of FEMA/RBI guidelines? Reply By CA Rachit Agarwal: The Reply: In our opinion receipt at the Indian Branch invoiling payment in Indian Rupees would not involve the compliance of R .....

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..... BI/FEMA.
Discussion Forum - Knowledge Sharing .....

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