FEMA, 1999 – Current Account Transactions – Remittances towards Consultancy Services

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..... in Foreign Exchange Madam / Sirs, FEMA, 1999 - Current Account Transactions - Remittances towards Consultancy Services Attention of authorised dealers is invited to paragraph 3(B)(d) of our A.P.(DIR Series) Circular No.29 dated March 31, 2001, in terms of which remittance exceeding USD 100,000 per project for any consultancy services procured from outside India requires prior approval of .....

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