9911796707
TMI BlogReimbursement of expensesX X X X Extracts X X X X X X X X Extracts X X X X ..... Our Company is 100% subsidiary of Finnish based company having office in Mumbai. The Indian company looks after execution of projects and after sales service. The manufacturing unit is located in Finl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and. The foreign company got one big order in Karnataka and during erection of machinery they need some items (like bolts and fabrication of small items) to be purchased locally to save time and freig ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ht. Hence they asked Indian subsidiary to purchase the items on their behalf and send to site. The foreign company told that expenses incurred by Indian company to purchase item shall be reimbursed in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Euro against debit note. Kindly advise whether such kind of transaction permissible under FEMA. - Reply By CA. Surender Gupta - The Reply = Whether such project was subject to the approval of RB ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... I, what was the conditions and restrictions etc. Basic facts and details would help to understand the issue in clear terms. - Reimbursement of expenses - Query Started By: - NARENDRA CHORE Dated:- 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4-3-2013 FEMA - Foreign Exchange Management - Got 1 Reply - FEMA - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmana ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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