TMI BlogOnline International Procurement via Credit CardX X X X Extracts X X X X X X X X Extracts X X X X ..... Hi, We are a public listed company, and due to the nature of our work, we often do online international procurement with credit card. Since December 2017, our finance team is raising lot of concern ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s for the same and we wanted clarity on the same. As per finance team, we cannot make overseas procurements through credit card as there are withholding tax and FEMA issues. Before any foreign remitta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nce is made, we have to get form 15CA and 15CB from a CA certifying the forex transfer. Kindly advise. Regards Deepak - Reply By YAGAY and SUN - The Reply = Please read Master Directio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ns as issued in 2016 on import of goods and services. - Online International Procurement via Credit Card - Query Started By: - Deepak Kurup Dated:- 23-3-2018 FEMA - Foreign Exchange Management - Got ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1 Reply - FEMA - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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