Import of software through internet mode ( downlodable file)

FEMA declaration:

 

LETTER OF AUTHORIZATION TO DEBIT ACCOUNT [DATE, ex. Thursday, December, 1, 2011] [NAME, Bank and ADDRESS, ex. Mark Anthony PQR Bank 789 Street Name Suite 123 City Name, Name of the state 98765] Dear [NAME, ex. Mark Anthony], I am writing this letter to hereby authorize and direct to debit your account [ACCOUNT NUMBER, ex. 987654321] in the amount of [DEBIT AMOUNT, ex. $4569.03] in payment of [NATURE OF DEBIT, ex. your house loan commitment fee]. This shall be your good and sufficient authority for so doing. [NOTE: IF MORE THAN ON SIGNATURE IS REQUIRED ON ACCOUNT, MAKE SURE BOTH BANK SIGNING OFFICERS SIGN LETTER] Yours faithfully, [NAME, ex. Wilson Roberts]

LETTER OF AUTHORIZATION TO DEBIT ACCOUNT

 

[DATE, ex. Thursday, December, 1, 2011]

 

 

[NAME, Bank and ADDRESS, ex.

Mark Anthony

PQR Bank

789 Street Name

Suite 123

City Name, Name of the state 98765]

 

Dear [NAME, ex. Mark Anthony],

 

I am writing this letter to hereby authorize and direct to debit your account [ACCOUNT NUMBER, ex. 987654321] in the amount of [DEBIT AMOUNT, ex. $4569.03] in payment of [NATURE OF DEBIT, ex. your house loan commitment fee].

 

This shall be your good and sufficient authority for so doing.

 

[NOTE: IF MORE THAN ON SIGNATURE IS REQUIRED ON ACCOUNT, MAKE SURE BOTH BANK SIGNING OFFICERS SIGN LETTER]

 

Yours faithfully,

 

[NAME, ex. Wilson Roberts]

Thanks Arpit for your valuable info.

But as per the info i collected FEMA has two set of forms :

 

1) Form A1 : If importing physical goods

2) Form A2 : Other than physical goods ( i guess this applies to us)

* we are the end user in this context. i assume we have no tax to pay ?

Need views on this issue .