It & fema rules

I think there is no such voilation either in It and FEMA As well but u have to ensure that TAX implication in India as well as In Singapore. Altough its is daily business transaction almost for all the companies having branches outside india....So dont worry about the Violation.... 

Hovever u might violet the provisions of the FEMA ,...if u dont get back the foreign relised in Sigapore ...Bcs as per FEma section 2(y) and 8 - it required that when a Person Resident of India has due any amount in foreign currency he shall required to ge Repatriate the foreign curreny to india.....  

I hope the money bought into India is not taxable under IT (in India) as the whole amount is sales proceeds and not profit.

Yes as per fema i think within 6 months i have to get the money back into India that is owed by my Singapore branch.

Where can i read the FEMA rules relating to my query?