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    NRI Partner in Warehouse

    Posted By : mahimajain / Published on : 15-Oct-2022 04:33 AM / View : 82 / Comment : 0

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    Hello Professionals


    Can an NRI become a partner of a firm providing warehousing services to the Food Corporation of India? Warehousing services include fumigation and other services for the storage of food grains etc. This NRI has citizenship in the UK but stays more than 180 days in India. Can he invest in the partnership firm? Will FEMA provisions be applicable in this case?

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