Foreign exchange remittance outside india

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Hardik Sarvaiya (Querist)
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07 August 2012 Person resident in India is a director of a company in Nigeria.

Audit of that company and for other statutory filing fees of that company will born by Director Resident in India.

What is the limit for Foreign Exchange remittance for the said purpose?

Please give notification or rule if any.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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07 August 2012 INFORMATION IS AVAILABLE :

http://www.rbi.org.in/scripts/BS_ECMNotificationUserView.aspx?Id=164

http://rbidocs.rbi.org.in/rdocs/notification/PDFs/02MC010712FL.pdf

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