Outward remittances - any declaration required under fema?
This query is : Resolved
29 December 2011
Dear Friends,
Is there any reporting requirement under FEMA rules or RBI for Outward remittances for purchase of goods by a company.
The remittances will be done every monthas per RBI procedure(Form A1)only.
But my question is whether any return filing.. whether monthly or annually exists??
Kindly help me out.. Thanks
Is there any reporting requirement under FEMA rules or RBI for Outward remittances for purchase of goods by a company.
The remittances will be done every monthas per RBI procedure(Form A1)only.
But my question is whether any return filing.. whether monthly or annually exists??
Kindly help me out.. Thanks
CA. Anuj Gupta
(Expert)
30 December 2011
No.
Anuj
+91-9810106211
femaquery@gmail.com
Anuj
+91-9810106211
femaquery@gmail.com
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