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FEMA / RBI / Inward remittance for payment towards supply of goods in India


Mohan (Director)     06 March 2021

Mohan
Director 
 36 points

| My Other Post

Hello All,

 

One of our client based in Netherlands wants to hire about 45 employees through a payrolling company and they have NO physical presence or a permanent establishment. The client is wanting to buy and Issue laptop computers through us. We checked with our AD banker and they said such transaction may not be allowed as there is no export of goods to the said buyer. 

 

In this case, the buyer (the customer who is making payment) is in Netherlands and the laptops has to be issued to the payroll company based in Hyderabad. Please advice what is the alternative urgently.

 




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