Ad Free CAclubindia and Daily Updates on your Mobile. Subscribe Now!

Fema

02 August 2017

Is FEMA act applicable on imported goods and if its yes what are the return need to be submitted? Kindly advise me at earliest

Reply
Follow
Share

2 Replies

udbhav pratap singh (assistant ) (16 Points)
Replied 02 August 2017

Import of goods or services regulated by GOI, DGFT, RBI and provision of FTP.

Applications by persons, firms and companies for making payments, exceeding USD 5000 or its equivalent, towards imports into India must be made in Form A-1.

ADs need not obtain any document, including Form A-1, except a simple letter from the applicant containing the basic information, as long as the exchange being purchased is for a current account transaction (not in Sch I & II) when the amount does not exceed USD 5,000 and the payment is made by a cheque drawn on the applicant's bank or by a Demand Draft.

Hope your query may resolved.

For Further Assistance

Contact +91-9140924512, +91-9956344318

Udbhav Pratap Singh

Company Secretary/ CA (Final)

Upgrade to CAclubindia Pro. Subscribe Now!

Selvi (Senior HR & Admin) (42 Points)
Replied 04 August 2017

Chartered Accountant - Internal Auditor - CA - PKF Sridhar & Santhanam LLP - Hyderabad, Bangalore, Mumbai, Chennai

Dear Candidate,

We are looking for young & Bright Chartered Accountant:

Job Descripttion:

CA with 2 to 10 years of post-qualification experience in Internal Audit

Core auditing, process and risk management skills

Ability to prioritize tasks and work on multiple assignments

Candidate should have good managerial, administrative, risk management and mentoring skills

Strong ability to train, develop and grow team members

Willingness to invest the level of effort to meet client team priorities

Strong interpersonal skills and team player skills.

Willing to travel extensively.

Should be leading a team in their current role

Perform and control the full audit cycle including risk management and control management over operations' effectiveness, financial reliability and compliance with all applicable directives and regulations

Determine internal audit scope and develop annual plans

Obtain, analyze and evaluate accounting documentation, previous reports, data, flowcharts etc

Prepare and present reports that reflect audit's results and document process

Act as an objective source of independent advice to ensure validity, legality and goal achievement

Identify loopholes and recommend risk aversion measures and cost savings

Maintain open communication with management and audit committee

Document process and prepare audit findings memorandum

Conduct follow up audits to monitor management's interventions

Engage to continuous knowledge development

Interested Candidates please send us your updated resume in Word form to selvi.t @ pkfindia.in. Also, we request you to share this mail with some of your friends/colleagues who meet the above criteria.

Please revert me with following details along with updated resume

1) Current CTC :

2) Expected CTC :

3) Notice Period :

4) Current Location :

5) Preferred Location :

6) Available for Face to Face Interview: (kindly mention your Interview location & date)

7) Joining time:

8) Skype ID:

9) Reason for job change:

10) Total yrs of Exp:

11) Exp Excluding Article ship: