Poonawalla fincorp
Poonawalla fincorp

Outward remittances - any declaration required under fema?

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(Querist)
29 December 2011 Dear Friends,

Is there any reporting requirement under FEMA rules or RBI for Outward remittances for purchase of goods by a company.

The remittances will be done every monthas per RBI procedure(Form A1)only.

But my question is whether any return filing.. whether monthly or annually exists??

Kindly help me out.. Thanks
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CA. Anuj Gupta

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CA. Anuj Gupta (Expert)
30 December 2011 No.

Anuj
+91-9810106211
femaquery@gmail.com

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