Why i need FIRC certificate?(Online business)

FIRC i srequired since payment you received is in Foreign Currency.

You can tell the banker to issue the FIRC with name of remiiter and the purpose.

Export of Goods and Services is possible.

Originally posted by : John Philip
	FIRC i srequired since payment you received is in Foreign Currency.   You can tell the banker to issue the FIRC with name of remiiter and the purpose. Export of Goods and Services is possible.

thanks for reply, Is I need FIRC Certificate If I receive money In INR Currency from other country?(Country: UAE - United Arab Emirates)

- What is use of FIRC Certificate? I must require a FIRC Certificate for providing this to RBI?

I am Service Provider, It is required to get FIRC for Service providers?

if you registered in export promotion council and  and are in appendix-41 , will be admissible for SFIS licence.

go to link:

https://dgftcom.nic.in/exim/2000/procedures/ftp-hbcontents0910.pdf

ALSO READ:

https://dgftcom.nic.in/exim/2000/pn/pn10/pn2510.htm