Online receipt of payment for export of services read more
This query is : Resolved
CA Pooja Agarwal
(Querist)
17 July 2013
My client is an indian software co. expoting software and providing IT solutions abroad. Whether the Co. can accept payment in foreign currency through online mode. Are there any FEMA restrictions on this.?
Ajay Mishra
(Expert)
17 July 2013
Hi
Yes, you can received through your Authorised Dealer Bank, and such AD will give you FIRC of the amount received in India.
So request you to contact your Bank for doing the same.
Yes, you can received through your Authorised Dealer Bank, and such AD will give you FIRC of the amount received in India.
So request you to contact your Bank for doing the same.
Rajat Poddar
(Expert)
17 July 2013
Agreed with Ajay Sir...
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