Forex gain
This query is : Resolved
24 January 2012
Dear All,
Can a hotel/restaurant/resort avail set off or discount against the daily FOREX gain from foreigners with the purchase of capital goods from foreign.
What are the EPCG guideline for this ??
Regards,
Santos
Can a hotel/restaurant/resort avail set off or discount against the daily FOREX gain from foreigners with the purchase of capital goods from foreign.
What are the EPCG guideline for this ??
Regards,
Santos
24 January 2012
Yes EPCG can be obtained by the hoteliers also.
Just refer FTP policy and procedure in the website of DGFT..
Just refer FTP policy and procedure in the website of DGFT..
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