https://www.taxtmi.com/forum/issue?id=113575 Whether a foreign currency payment from one EOU's EEFC account to another constitutes FE earnings for the recipient depends on treatment: the payer's EEFC credit is FE for the payer, and the supplier will be treated as having FE earnings only if the payment is shown as an outflow of foreign currency by the payer and recognised as FE realization for the supplier; FTP addresses net foreign exchange but does not expressly treat EEFC transfers, so administrative clarification is recommended. en-us Wed, 04 Apr 2018 14:28:58 +0530 Thu, 23 Jan 2025 15:55:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113575 Whether a foreign currency payment from one EOU's EEFC account to another constitutes FE earnings for the recipient depends on treatment: the payer's EEFC credit is FE for the payer, and the supplier will be treated as having FE earnings only if the payment is shown as an outflow of foreign currency by the payer and recognised as FE realization for the supplier; FTP addresses net foreign exchange but does not expressly treat EEFC transfers, so administrative clarification is recommended. Discussion-Forum FEMA Wed, 04 Apr 2018 14:28:58 +0530 https://www.taxtmi.com/forum/issue?id=113575