Fema - outward remittance abroad
This query is : Open
20 February 2012
what is the procedure for outward financial remittance i.e. from Indian Cos to Abroad Cos?
What are the compliance's to be followed under RBI -FEMA?
Thanks in Advance
What are the compliance's to be followed under RBI -FEMA?
Thanks in Advance
20 February 2012
If you are transferring the fund through TT mode (Telegraphic Transfer), you have to give the application to Bank in Form A-1, in case of import of goods and Form-A2 in case of import of services.
This application should be enclosed with FEMA declaration, Proforma invoice, Purchase Order,Contract.
If you are transferring the money in Advance, you have to give the advance declaration on your company letter head.
This application should be enclosed with FEMA declaration, Proforma invoice, Purchase Order,Contract.
If you are transferring the money in Advance, you have to give the advance declaration on your company letter head.
Message likes :
1 times
20 February 2012
If you are transferring the fund through TT mode (Telegraphic Transfer), you have to give the application to Bank in Form A-1, in case of import of goods and Form-A2 in case of import of services.
This application should be enclosed with FEMA declaration, Proforma invoice, Purchase Order,Contract.
If you are transferring the money in Advance, you have to give the advance declaration on your company letter head.
This application should be enclosed with FEMA declaration, Proforma invoice, Purchase Order,Contract.
If you are transferring the money in Advance, you have to give the advance declaration on your company letter head.
20 February 2012
If you are transferring the fund through TT mode (Telegraphic Transfer), you have to give the application to Bank in Form A-1, in case of import of goods and Form-A2 in case of import of services.
This application should be enclosed with FEMA declaration, Proforma invoice, Purchase Order,Contract.
If you are transferring the money in Advance, you have to give the advance declaration on your company letter head.
This application should be enclosed with FEMA declaration, Proforma invoice, Purchase Order,Contract.
If you are transferring the money in Advance, you have to give the advance declaration on your company letter head.
08 March 2012
Hello,
Further formalities:
If you want to invest in WOS abroad ,
Please visit the following link for more details:
https://rvseckarfema.blogspot.in/2010/09/all-about-investment-by-indian-company.html
If you want to invest in shares of foreign company under liberalised remittance scheme:
Pl visit the following link:
https://rvseckarfema.blogspot.in/2011/02/liberalised-remittance-scheme-of-usd.html
Regards
R.V.Seckar
Mobile- 09848915177
Pl do visit my blogs :
https://www.rvseckarcompanylaw.blogspot.com/
https://rvseckarfema.blogspot.com/
https://rvseckarindianlaws.blogspot.com
Further formalities:
If you want to invest in WOS abroad ,
Please visit the following link for more details:
https://rvseckarfema.blogspot.in/2010/09/all-about-investment-by-indian-company.html
If you want to invest in shares of foreign company under liberalised remittance scheme:
Pl visit the following link:
https://rvseckarfema.blogspot.in/2011/02/liberalised-remittance-scheme-of-usd.html
Regards
R.V.Seckar
Mobile- 09848915177
Pl do visit my blogs :
https://www.rvseckarcompanylaw.blogspot.com/
https://rvseckarfema.blogspot.com/
https://rvseckarindianlaws.blogspot.com
31 August 2017
Hi Mr RVSekar, With regards to investment in JV by India National, what is time to remit the money to outside India for acquiring shares of foreign company
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- Under construction property in ITR
- Building tax payment deduction in rental Income
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- F & O PROFIT REPORTING FOR AY 2026-27
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
