We manage hotel operations in dubai from india and get fees for these operations. during the pandemic, the property owner has said he is unable to pay our fees for April to December. 2020 as he is under loss and we weren't able to provide the necessary services fully. We are willing to write off these fees. since FEMA does not say anything specific to write of fees for a service industry like us how do we treat this? what needs to be done from FEMA perspective to close this issue. Will there be an issue at all.
FEMA write for consulting services rendered to a foreign company
Mahesh Aiyer (1 Points)
04 May 2021