Fema queries

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commandore raghunath (Querist)
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16 September 2016 Can some one please tell me whether we can raise a Foreign currency invoice for the services done in India and can the same be recd in the FC

Thanks and regards
raghunath

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Guest (Expert)

12 October 2016 LEGALLY there is no bar. However it is unusual for an Indian to raise invoice in foreign currency - hence it may come under scrutiny of officials. If the amount is small / infrequent, do not worry. But if it happens regularly, then you may be facing some queries / enquiries from RBI/ED.

commandore raghunath

commandore raghunath (Querist)
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15 October 2016 thanks for the insight