Question: Indian Software Ltd. seeks to export software to its client in Indonesia. In this regard - i)Explain the procedure to be adopted for the export

Indian Software Ltd. seeks to export software to its client in Indonesia. In this regard -
i)Explain the procedure to be adopted for the export of software under the Foreign Exchange Management Act, 1999, and also state the period within which export value is to be realized.
ii)Explain the position in case of delay in receipt of payment from its client.

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The detailed answer for the above question is provided below iProcedure for the export of the software under the FEMA 1999 1 Furnishing of declaration In case of exports taking place through Customs m... View full answer

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