Trade Receipt by branch in India on behalf of Foreign Head Office

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....rade Receipt by branch in India on behalf of Foreign Head Office<br> Query (Issue) Started By: - Bakul Gandhi Dated:- 7-11-2011 Last Reply Date:- 10-11-2011 FEMA<br>Got 1 Reply<br>FEMA<br>A foreign c....

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....ompany undertook consultancy work for a Govt Company. It then opened a branch office i India and obtained PAN. The Govt company made payment to Indian branch in Rupees and deducted tax at source. Is t....

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....his in compliance of FEMA/RBI guidelines? Reply By CA Rachit Agarwal: The Reply: In our opinion receipt at the Indian Branch invoiling payment in Indian Rupees would not involve the compliance of RB....

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....I/FEMA.<br> Discussion Forum - Knowledge Sharing ....