https://www.taxtmi.com/forum/issue?id=110075 Maintenance of a foreign currency account for SEZ units is not mandatory but is recommended for administrative and compliance reasons. Separate unit wise accounts aid clearer accounting, simplify audits, and facilitate submission of information to government departments. Practical benefits include access to additional currencies, potentially lower export/import banking charges, and diversification of currency risk. The decision to open unit wise accounts may turn on whether units are located within the same SEZ or in different SEZs. en-us Wed, 23 Mar 2016 20:05:45 +0530 Thu, 23 Jan 2025 15:56:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110075 Maintenance of a foreign currency account for SEZ units is not mandatory but is recommended for administrative and compliance reasons. Separate unit wise accounts aid clearer accounting, simplify audits, and facilitate submission of information to government departments. Practical benefits include access to additional currencies, potentially lower export/import banking charges, and diversification of currency risk. The decision to open unit wise accounts may turn on whether units are located within the same SEZ or in different SEZs. Discussion-Forum Customs Wed, 23 Mar 2016 20:05:45 +0530 https://www.taxtmi.com/forum/issue?id=110075