https://www.taxtmi.com/forum/issue?id=1934 Payment of agency commission in foreign exchange is permissible once the shipment condition is met; there is no requirement that export proceeds be realised before remitting commission to an agent abroad. This position applies where goods are exported under a letter of credit and export documents sent through the bank have been accepted. The reply does not provide details on obtaining the CDX form for reporting the statement of commission on export. en-us Mon, 17 May 2010 13:05:32 +0530 Thu, 23 Jan 2025 15:58:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1934 Payment of agency commission in foreign exchange is permissible once the shipment condition is met; there is no requirement that export proceeds be realised before remitting commission to an agent abroad. This position applies where goods are exported under a letter of credit and export documents sent through the bank have been accepted. The reply does not provide details on obtaining the CDX form for reporting the statement of commission on export. Discussion-Forum FEMA Mon, 17 May 2010 13:05:32 +0530 https://www.taxtmi.com/forum/issue?id=1934