FEMA - Payment made to non-residents – Undertaking and CA certificate to be submitted

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..... FEMA - Payment made to non-residents – Undertaking and CA certificate to be submitted
News and Press Release
Dated:- 1-8-2007

RBI in its circular has instructed that a remitter of foreig .....

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..... n exchange is required to submit an undertaking and CA certificate to be submitted in prescribed form. Undertaking and CA certificate are not limited to transactions on which TDS is to be deducted bu .....

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..... t also applicable to all payments related to trade. [See: RBI/2007-2008/100 A. P. (DIR Series) Circular No. 03]
News - Press release - PIB .....

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