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