Dear All,
We are procuring a software , which is simply a downloadable file.
Our company is based in bangalore :
We have initiated the PO for the same & are awaiting the porforma invoice
Following are my queries:
As the amount transfer is done from a indian bank, bank has asked for these set of documents :
FEMA declaration:
Letter of Authority to debit the account
OGL declaration
IE Code
HS Code ( mandatory)
1) Is IE code & HS code mandatory ? as we wont be going through customs
This is our first such transaction
Your kind help is required.
Thanks in advance.
CAclubindia
