Service rendered in India to person resident out of India

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Manav Singhvi (Querist)
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19 January 2010 If any service is rendered in India to a person of out of India and consideration is received in foreign curreny in India then what is the compliance to be fulfilled if any may be like information sent to RBI etc.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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19 January 2010 dear sir,

bank statement / firc will be given .

ramesh

Manav Singhvi

Manav Singhvi (Querist)
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24 January 2010 HI

Manav Singhvi

Manav Singhvi (Querist)
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04 February 2010 THANKS

Manav Singhvi

Manav Singhvi (Querist)
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04 February 2010 What is Firc ???

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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04 February 2010 manav ji,
good morning,
DT:- 04.01.2010
TIME:-11.20AM

FIRC, (FOREIGN INWARD REMMITANCE CERTIFICATE) REFERS , TRANSACTIONS RECEIVED BY THE EXPORTER FROM BUYER THROUGH BANKING CHANNEL.
GENERALLY,THE BUYER BANKER SEND THE FOREIGN CURRENCY IN ADVANCE, AND PARTLY .

THEN THE EXPORTER , CONCERNED EMPLOYEE GO TO THEIR BANK FOR VERIFIY AND ENDORSE IT.
AFTER ATTESTATION THE FIRC EXPORTER BANK RETURN THIS AND AT THE TIME OF TAKING THE INCENTIVE EXPORTER SUBMIT THIS ON CONCERNED REAGIONAL LICENSING AUTHORITY / CUSTOM .

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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04 February 2010 MANAV JI,

EXPORTER BANK ALSO VERIFY AND ATTEST THE BANK CERTIFICATE OF EXPORT AND REALISATION (BRC) APPENDIX-22A AFTER THE EXPORT REALISATION THROUGH BANKING CHANNEL .

RAMESH VERMA

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