Mayank Khurana (Artcileship, KPMG) (37 Points)
06 July 2012Hi All
With reference to
Eg : Why is withdrawl of forex for payment to Nepal/Bhutan prohibited??
Similarly can u help me with the meaning of the rest of the transactions and the reasons for their prohibition/approval from CG or RBI.
@rinssss
(ca)
(119 Points)
Replied 06 July 2012
Practically as per norms & terms of Indian Govt. With Nepal/Bhutan Indian currency is workable in those countries therefore there is no need for foreign currency.
@rinssss
(ca)
(119 Points)
Replied 06 July 2012
Mayank Khurana
(Artcileship, KPMG)
(37 Points)
Replied 07 July 2012
Hmmm... I dont think so coz there is always a logic behind a law being made. Just couldnt find it on google..
Anyways thankx for your reply.
CAclubindia
