Related to FEMA

akshay vaidmutha (bcom) (307 Points)

02 October 2020  
one of client has made export of goods to U.K. U.K party is making payment to us via Singapore and the same is sent in cash mode. definitely we can't receive export receivable in cash. what will be consequences if we receive in cash from Singapore. is that 100% illegal to Receive in cash or any legal mode for different situations.