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Foreign currency payments

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(Querist)
27 December 2013 Can a company situated in India, pay its vendor which is also in India, in foreign currency
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CA KiranKumar.K

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CA KiranKumar.K (Expert)
27 December 2013 You have the answer with you sunil...

you tell me what is the procedure by a bank for making payments in FC. You have the answer!

(go by the logic of bank account details of the vendor)

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