Fema queries
This query is : Resolved
commandore raghunath
(Querist)
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
Thanks and regards
raghunath
Guest
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
(Querist)
15 October 2016
thanks for the insight
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