https://www.taxtmi.com/forum/issue?id=111078 Residents may use international credit cards for lawful foreign purchases, excluding prohibited items; no separate aggregate monetary ceiling applies. Card charges may be settled from the cardholder's foreign currency accounts or by remittance made directly to the issuing agency through the bank where the cardholder holds an account, and remittance to third parties is not permitted. Use of ICCs in Nepal and Bhutan is prohibited. Authorised dealers may issue ICCs to NRIs/PIOs if charges are settled from inward remittances or NRE/FCNR balances. en-us Thu, 27 Oct 2016 21:40:17 +0530 Thu, 23 Jan 2025 15:56:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111078 Residents may use international credit cards for lawful foreign purchases, excluding prohibited items; no separate aggregate monetary ceiling applies. Card charges may be settled from the cardholder's foreign currency accounts or by remittance made directly to the issuing agency through the bank where the cardholder holds an account, and remittance to third parties is not permitted. Use of ICCs in Nepal and Bhutan is prohibited. Authorised dealers may issue ICCs to NRIs/PIOs if charges are settled from inward remittances or NRE/FCNR balances. Discussion-Forum FEMA Thu, 27 Oct 2016 21:40:17 +0530 https://www.taxtmi.com/forum/issue?id=111078