Sale proceeds of an export from various countries
This query is : Resolved
13 June 2018
dear Sir,
Please let me know, whether the sale proceeds of an export consignment can be received from various countries. One of our client is having company with same in various countries and he is willing to transfer the funds partly from various countries against same export consignment. can we accept it.
Please let me know, whether the sale proceeds of an export consignment can be received from various countries. One of our client is having company with same in various countries and he is willing to transfer the funds partly from various countries against same export consignment. can we accept it.
Dr.RAMAKRISHNA. C
(Expert)
04 October 2018
Export proceeds must be received/realized from the overseas company only to which goods were exported.
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