Indian exporters frequently receive advance payments and engage in foreign loans to facilitate trade. Compliance with FEMA, RBI guidelines, and proper documentation is critical. Exporters must ship goods timely, reconcile advances, and seek approvals if necessary. Non-compliance can result in penalties, reputational damage, and restricted access to future funding. By following these rules diligently, Indian exporters can maintain trust with overseas buyers, ensure smooth operations, and safeguard their global business reputation.
Dodging Rules on Foreign Loans and Export Advances: A Costly Misstep for Companies. In today’s globalized business landscape, companies often turn to cross-border funding and export-related payments to manage working capital, expand operations, or secure international buyers. However, recent regulatory…
