TaxTMI 
TaxTMI 
Payment of Guarantee Fee - overseas
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....ayment of Guarantee Fee - overseas<br> Query (Issue) Started By: - Pradeep Kaushik Dated:- 5-9-2012 Last Reply Date:- 5-9-2012 FEMA<br>Got 1 Reply<br>FEMA<br>Dear All, We are 100% Subsidery of a Kore....
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....an Company. We are proceeding our ECB activities under Automatic Route. In this regards, please let us know: 1. Can our parent Company in Korea, make Guarantee for us to avail the ECB from Exim Ban....
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....k Korea. 2. Can we pay the Gurantee fee to our parent Company, will be a part of "All in Cost". 3. If any balance remains in our ECB funds after making all our capex, what will be the use for the Bala....
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....nce Funds in ECB. 4. Is Guarantee fee payment to Foreing companies, is prohibited under FEMA Please provide us the relevant clause in FEMA/ECB Master Circular in this regard. Your early reply will ....
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....be highly obliged. Best Regards Pradeep kaushik Reply By Pradeep Khatri: The Reply: Sorry, I could not find any reply to your queries. Please check with your Authorised Dealer or with RBI.<br> Disc....
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