Hello
THE CATEGORY I CHOSE FOR THIS QUESTION MIGHT NOT APPROPRIATE!!!
I wanted to if receiving payments thru Bill.com from foreign clients is LEGAL as per RBI, taxation, GST laws in India.
I am a GST registered , proprietory software development development firm.
A client of mine in USA is asking me to register with Bill.com to receive payments.
I am not sure if Bill.com is compliant and approved by RBI/Govt to do such transactions in India. They sound similar to PayPal which had to comply with lot of RBI rules.
Anyone aware of any business in India using Bill.com to receive payments from foreign clients ?
CAclubindia
