Registered independent director Past Ch
8229 Points
Joined March 2007
There should not be any issue in this if the amount is spent for a permissible purpose and the same is properly accounted for.
As per rules of RBI unspent amount of forex must be returned within 180 days. However, RBI permits retention of foreign currency, travellers cheques, currency notes upto $ 2,000 and foreign coins without ceiling beyond 180 days.