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We are ground handling company providing ground handling company at Airport.we are providing ground handling srrvices to domestic and international airlines. Under EPCG license it has been covered in Deemed export and eligible for meeting export obligation due to DGFT for import of capital goods. My qestion is that whether under FEMA rule can we receive money in India Rs. from foriegn airlines or we have to receive onlyu foreign convertible exchange currency only. currently we are receiving revenue in both USD and INR. I want to know your expert opnion under FEMA. Whther we can receive the revenue in INR??? |
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