Poonawalla fincorp
Poonawalla fincorp

Query in foreign remittance

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 November 2011 Dear Experts

We need to remit the payment to non resident supplier , Still material is not dispatched.
Can we process the payment based on Purchase order.

Kindly quote the FEMA act.
Profile Image

CA. Anuj Gupta

Profile Image

CA. Anuj Gupta (Expert)
24 November 2011 Permitted as per FEMA Master Circular on Import of Goods & Services provided the goods are imported within 3 months of advance payment.

Anuj
+91-9810106211
femaquery@gmail.com

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links