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FEMA Act Advance against export

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bcom
307 Points Joined January 2017
What happens if foreign currency Advance Received against export of goods and goods short despatched, whether balance advance need to be send back to foreign country or it can be written back to profit and loss account if party is not demanding.
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On 05 February 2020 at 16:07 Report
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Accountant
84 Points Joined May 2019
If not demanding ,it is well and good
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On 05 February 2020 at 21:51

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