Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
RBI amended Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015 to allow resident exporters to open, hold and maintain foreign currency accounts outside India for realization of full export value and advance remittances. Funds can be utilized for import payments or repatriated to India within next month after adjusting forward commitments, subject to export realization and repatriation norms under FEMA Export Regulations, 2015.
RBI amended Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015 to allow resident exporters to open, hold and maintain foreign currency accounts outside India for realization of full export value and advance remittances. Funds can be utilized for import payments or repatriated to India within next month after adjusting forward commitments, subject to export realization and repatriation norms under FEMA Export Regulations, 2015.
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