Invoicing in usd

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MAKARAND DAMLE (Querist)
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22 January 2016 Can a Indian Service Provider raise invoices on its indian counterpart in convertible foreign exchange (USD). The services are freight forwarding, i.e. export of goods/commodities through sea

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Guest (Expert)

23 January 2016 There will not be any problem if you raise invoice. but there will be problem when your customer makes payment. So i recommend you not to do.

MAKARAND DAMLE

MAKARAND DAMLE (Querist)
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25 January 2016 What will be the problem when customer makes payment ? He will credit amount to USD account

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MAKARAND DAMLE

MAKARAND DAMLE (Querist)
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28 January 2016 Can anybody answer my question ?

Guest

Guest (Expert)

28 January 2016 your customer's banker may refuse transferring to a resident in USD