Export Sales made by Private Limited Company but payment received by director.

Export Sales made by Private Limited Company but payment received by director. https://www.taxtmi.com/forum/issue?id=118786 Export sales by a private limited company under a Letter of Undertaking had payment credited to a director's personal bank account, creating FEMA compliance and other regulatory concerns; advisers recommend immediate rectification, seeking regulatory guidance, consulting a FEMA specialist, and considering potential impacts on any input tax credit refund claims. en-us Wed, 04 Oct 2023 13:01:46 +0530 Thu, 23 Jan 2025 14:20:43 +0530 TaxTMI RSS Generator Export Sales made by Private Limited Company but payment received by director. https://www.taxtmi.com/forum/issue?id=118786 Export sales by a private limited company under a Letter of Undertaking had payment credited to a director's personal bank account, creating FEMA compliance and other regulatory concerns; advisers recommend immediate rectification, seeking regulatory guidance, consulting a FEMA specialist, and considering potential impacts on any input tax credit refund claims. Discussion-Forum GST Wed, 04 Oct 2023 13:01:46 +0530 https://www.taxtmi.com/forum/issue?id=118786