Can indian company accept usd payment from indian customer
This query is : Resolved
27 April 2017
Dear All,
We come to across a situation where my Customer who is in India asking us to accept payments in USD for services given in India. We are registered in India as India Pvt Ltd.
Looking forward for your suggestion.
Regards,
Nitesh Raghuvanshi
We come to across a situation where my Customer who is in India asking us to accept payments in USD for services given in India. We are registered in India as India Pvt Ltd.
Looking forward for your suggestion.
Regards,
Nitesh Raghuvanshi
28 April 2017
An Indian company can’t accept payment in foreign currency from an Indian Vendor. Please refer to RBI Master Directions in this regard.
10 May 2017
Dear ND Sir,
can i have the reference link for the same ? since my customer is transferring USD to other indian vendors, they strongly believe that they can do USD transactions between Indian Customer & Indian Vendor.
can i have the reference link for the same ? since my customer is transferring USD to other indian vendors, they strongly believe that they can do USD transactions between Indian Customer & Indian Vendor.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- TDS deduction (debit notes)
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- TDS on purchase of value vouchers for employees ?
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
