Whether this amounts to Export of Services:

Malav Shah (Company Secretary and AVP Legal)   (171 Points)

05 October 2009  

 Hi Friends

 
A Company provides equity research and recomendations on Indian Stock market through website as paid subscripttions.
The paid subscriber will recieve recomendations and research reports via emails and have access to the website.
Some subscribers are non- residents in India. They can be NRI or Foreign nationals. 
 
Our principal place of business is in India. 
 
My query:
Whether providing services to such NRI or foreign nationals would mean that Company is exporting its services? 
If yes, what are the complainces required under RBI or FEMA or Foreign Trade Policy?  
 
Regards
Malav