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Question ID : 40553

Section 269SU- Acceptance of payment through electronic modes

Hello Professional Colleagues ! Whether newly introduced section 269 SU (Acceptance of payment through electronic modes) will apply for any receipt from foreign customer in foreign currency? As it may contradict with Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2016 if authorized dealer is not engaged? Thank You

posted by Manisha on Jan 25 2020 12:00AM

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