TMI BlogManner of Payment in certain casesX X X X Extracts X X X X X X X X Extracts X X X X ..... In foreign exchange through an international card held by him/ in rupees from international credit card/ debit card through the credit/ debit card servicing bank in India against the charge slip signed by the importer/ as prescribed by Reserve Bank from time to time. Provided that (a) the transaction for which the payment is so made is in conformity with the provisions of the Act, rules ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... resident in India may make payment in rupees to its non whole time director who is resident outside India and is on a visit to India for the company's work and is entitled to payment of sitting fees or commission or remuneration, and travel expenses to and from and within India, in accordance with the provisions contained in the company's Memorandum of Association or Articles of Associati ..... X X X X Extracts X X X X X X X X Extracts X X X X
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