https://www.taxtmi.com/forum/issue?id=2556 No specific provision was identified requiring prior Reserve Bank approval where goods supplied in India are invoiced abroad and remittance is received in foreign currency; taxpayers should provide full transaction details to the receiving bank to permit verification and to guard against allegations of receipt of illegal funds. en-us Tue, 28 Dec 2010 10:12:06 +0530 Thu, 23 Jan 2025 15:58:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2556 No specific provision was identified requiring prior Reserve Bank approval where goods supplied in India are invoiced abroad and remittance is received in foreign currency; taxpayers should provide full transaction details to the receiving bank to permit verification and to guard against allegations of receipt of illegal funds. Discussion-Forum FEMA Tue, 28 Dec 2010 10:12:06 +0530 https://www.taxtmi.com/forum/issue?id=2556