Easy Office
LCI Learning

Advertisement - fema

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 October 2011 We want to place an AD with a magazine in UK.

Will it attract any provisions of FEMA?
will we have to get approval of RBI?

pls advice...
Profile Image

Vishal D Shah

Profile Image

Vishal D Shah (Expert)
19 October 2011 If the payment is for magazine outside India & it would be sold outside India, then i doubt that there would be any tax liability on it.
No approval is required from RBI, this being current account transaction as provided in FEMA.

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links