EASYOFFICE
EASYOFFICE
EASYOFFICE

Procedure for refund of export advance

This query is : Resolved 

28 April 2013 Our company recd advance against export. Due to some problem export is not done & we have refunded more than 92% export advance. Now we want to refund balance amt to the party & period of one year has been lapsed. There in no transaction in our bank except Receipt & payment of export advance.

1. Is RBI approval is necessary in this case?

2. What is procedure for obtaining RBI approval?

Thanks in advance

01 May 2013 please noted that:




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