Easy Office

Foreign Curreny remitance

This query is : Resolved 
Profile Image

Profile Image

(Querist)
22 November 2022 My client is receiving some amount from foreign companies directly into his Indian bank account for the services provided to its Indian Branch / Foreign branch. Is there any FEMA applicability on him
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
22 November 2022 As per FEMA requirement it should be received through authorised dealers.
Profile Image

akshay maloo

Profile Image

akshay maloo (Querist)
22 November 2022 Thank You Sir.
Can you please tell how to check whether dealer is authorised or not. Also is there any reporting liability?



Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
22 November 2022 Banks are authorised dealers.
Banks will take care of reporting requirements.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links