Dheeraj (Learner) 08 April 2015
There is an MNC having holding in singapore. The mnc had some imports from different countries but had no money for payments so holding company made payments on behalf of its subsidiary. Now subsidiary wants to repay the money to its holding company but its bank said you cant make payment like that as per fema and rbi regulations. So wt can be done to make such payment to holding company?
CAclubindia Online Learning offers a wide variety of online classes and video lectures for various professional courses such as CA, CS, CMA, CISA as well as various certification courses on GST, Transfer Pricing, International Taxation, Excel, Tally, FM, Ind AS and more. know more