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Issue ID : 105864
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- 0 -

PAYMENT TO RESIDENT SUPPLIER IN FOREIGN EXCHANGE

Date 09 Jul 2013
Replies1 Answers
Views 1257 Views
Asked By

 

I Would like to clerify can we make payment to Indian supplier who has supllied goods at our overseas project.

FEMA
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Replied on Jul 10, 2013
1.

Under Deemed export scenario you may make the payment of foreign remittance.  Please also check the master circular in this regard.

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