Foreign lending
This query is : Resolved
22 June 2013
HI ALL,
we are the manufacturers of electrical components and we have spare funds which we want to lend to the UK based companies. We know that interest rate at UK is less as compair to our country but It is a type of arrangement.
so i want to know that how can we do this?
Is there any kind of way by which we can lend money and guildeline given by RBI?
And if the money with us has been raised by borrowing from the indian financial institutions then does it make any difference to the lending?
PLEASE HELP...
we are the manufacturers of electrical components and we have spare funds which we want to lend to the UK based companies. We know that interest rate at UK is less as compair to our country but It is a type of arrangement.
so i want to know that how can we do this?
Is there any kind of way by which we can lend money and guildeline given by RBI?
And if the money with us has been raised by borrowing from the indian financial institutions then does it make any difference to the lending?
PLEASE HELP...
23 June 2013
Not possible unless trade advance.
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
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- Regarding TDS Applicability For Director Remuneration
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- FORM 26A APPLICABILITY
- Multiple trade mark
- When TDS on GST applied
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
