TaxTMI 
TaxTMI 
Correct Invoice Description & RBI Purpose Code for SEZ to DTA Cost Reimbursement (Cross Charge)
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....orrect Invoice Description & RBI Purpose Code for SEZ to DTA Cost Reimbursement (Cross Charge)<br> Query (Issue) Started By: - Sudhir M Dated:- 24-10-2025 Last Reply Date:- 4-11-2025 Customs - Exim - ....
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....SEZ<br>Got 2 Replies<br>Customs<br>Under SEZ rules, our SEZ unit issues monthly invoices to our Head Office (DTA) for shared operating costs (rent, electricity, travel, etc.) without markup. For bank ....
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....remittance in foreign currency, the bank has requested a clear description of services instead of just mentioning "cross charge." What would be the correct description to mention on the invoice to sa....
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....tisfy SEZ and RBI remittance requirements? Also, which RBI purpose code should be used for such reimbursement? Reply By Sadanand Bulbule: The Reply: "Cross Charge" is a generic term. What needs in ....
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....the invoice is the full description of reimbursement of shared operating expenses like rent, electricity, travel, administration support, advertising, trade fairs, market research etc., incurred by SE....
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....Z unit on behalf of Head Office [DTA]- without mark up. Such details are important for enusring foreign exchange payments are processed correctly, reported accurately, and comply with RBI guidelines.....
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.... RBI Purpose Code- S0997 Reply By Shilpi Jain: The Reply: Do have a look at this link for the list of purpose codes https://www.rbi.org.in/upload/notification/pdfs/52220.pdf Are these expenses in....
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....curred by SEZ in forex?<br> Discussion Forum - Knowledge Sharing ....