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Import of Services and goods for personal use + Liberalised Remittance Scheme


NAVEEN KUMAR (Associate General Manager)     16 September 2019

NAVEEN KUMAR
Associate General Manager 
 23 points

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Hi, If an individual hire foreign consultant say architect or landscape designers for his house in India. Will the payment to the consultant has to be under the LRS limit of 250k. Further on import of Italian stone( goods)..same principle will be applied. Whether such personal expenses also falls under LRS limit of USD 250K. What are documents required to be filled with RBI for personal expenses. Regards




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