https://www.taxtmi.com/forum/issue?id=4247 Supply of free of cost raw materials by an overseas parent for purported export manufacture, followed by domestic diversion or deduction of raw material cost from export realisation, raises FEMA compliance issues and may contravene FEMA provisions; such transactions can invite investigation by enforcement agencies like the DRI. en-us Tue, 12 Jun 2012 00:39:27 +0530 Thu, 23 Jan 2025 15:58:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4247 Supply of free of cost raw materials by an overseas parent for purported export manufacture, followed by domestic diversion or deduction of raw material cost from export realisation, raises FEMA compliance issues and may contravene FEMA provisions; such transactions can invite investigation by enforcement agencies like the DRI. Discussion-Forum FEMA Tue, 12 Jun 2012 00:39:27 +0530 https://www.taxtmi.com/forum/issue?id=4247