Fema 2012
Querist : Anonymous
No, there is no violation, but yes, the RBI should have knowledge about that you have foreign currency and how you received it.
Regards
No, there is no violation, but yes, the RBI should have knowledge about that you have foreign currency and how you received it.
Regards
Querist : Anonymous
Answer given
2.Please let us know payment to person working on Anchor Handling Vessel
registered under Foreign Flag on Indian water can be made in U.S.Dollar
or to be paid in Indian Rupees.
3.By converting from dollars to rupees for our company local expense, is it a violation of FEMA?
regards.. cavishalshah@gmail.com
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