Dear eBay sellers,
We have seen many sellers had a issue of FIRC , On that point we have taken opinion of mumbai's top most CA Firm Ms.Ramesh shah & co ( Mr.Ramesh shah (C.A), chair person of Bramakumaris).
as per our discussion we do not require any FIRC as soon as we received payment in Indian rupee .
If we received payment in Foreign currency then only we need FIRC, so seller do not worry about FIRC .
we have also drafted letter to RBI for same reg clarification , we will let u know the outcome of same soon.
We request all international sellers please consult there CA for same Reg clarification of FIRC.
We also requesting all international sellers please keep there accounts clear as you may any time face FEMA inspection, as FEMA is strictly inspecting all Exports (gift or trade ) , so all seller must use IEC for international trade.
We hope our post will help seller seeking help on FIRC.
Regards .
mahavir computers pvt ltd.
mumbai
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With Regards,
Mahavir Computers Pvt Ltd