Payment of Guarantee Fee - overseas

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..... Payment of Guarantee Fee - overseas
Query (Issue) Started By: - Pradeep Kaushik Dated:- 5-9-2012 Last Reply Date:- 5-9-2012 FEMA
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FEMA
Dear All, We are 100% Subsidery of a Kor .....

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..... ean 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 Ba .....

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..... nk 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 Bal .....

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..... ance 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.
Dis .....

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..... cussion Forum - Knowledge Sharing .....

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