Can indian company accept usd payment from indian customer

This query is : Resolved

Nitesh Raghuvanshi (Querist)
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27 April 2017 Dear All,

We come to across a situation where my Customer who is in India asking us to accept payments in USD for services given in India. We are registered in India as India Pvt Ltd.

Looking forward for your suggestion.

Regards,

Nitesh Raghuvanshi

ND (Expert)
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28 April 2017 An Indian company can’t accept payment in foreign currency from an Indian Vendor. Please refer to RBI Master Directions in this regard.

Nitesh Raghuvanshi

Nitesh Raghuvanshi (Querist)
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10 May 2017 Dear ND Sir,

can i have the reference link for the same ? since my customer is transferring USD to other indian vendors, they strongly believe that they can do USD transactions between Indian Customer & Indian Vendor.

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