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External Currency Borrowing

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..... External Currency Borrowing
Query (Issue) Started By: - DEV BHUSHAN JAIN Dated:- 10-1-2013 Last Reply Date:- 14-1-2015 FEMA
Got 1 Reply
FEMA
Dear Sir, Our company is having ECB (external .....

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..... currency borrowings) from Japan. What is the overall compliance required for ECB loan. Further we have made currency swap with bank for securing movement in USD. So Interest rate and principal amou .....

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..... nt is fixed in INR terms. ( How accounting will be made for extra interest paid in INR.) We have taken this loan for a project, whether Interest can be capitalized in that project. Project is final .....

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..... to be set up but still No land and machinery is purchased. travelling is being done for ensuring all the facilities and negotiation is going on for purchasing land and other things. What is treatment .....

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..... :- Companies act, Income tax act, RBI Kindly calrify. Reply By MARIAPPAN GOVINDARAJAN: The Reply: Detailed analysis is to be done in your case. Better consult the consultant.
Discussion Foru .....

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..... m - Knowledge Sharing .....

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