We have made a contract with a Foreign company to delivery the good in different states of India. For which the money is received in USD.
The GST will be paid at the time of delivery of the goods with the invoice in Rupees only.
Please let us if there are any issues in this transactions or a reason to disagree this transaction from Banker.
Is there any RBI regulation? Which say we can not accept USD payment?
the foreign vendors are supposed to pay in which currency for the goods received from India?
Subrahmanyam & Sivudu CA Firm
Hyderabad
CA Inter
View Details
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
View Details
Twenty Point Nine Five Ventures Private Limited
Noida
CA Inter
View Details
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
CCI
Pro
CAclubindia
