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    Utilization of proceeds of Exports

    Posted By : Juhee Goyal / Published on : 31-Aug-2022 05:26 AM / View : 98 / Comment : 1

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    Dear Members!

    Can a company capitalize the proceeds of the exports of plant & machinery to its overseas JV/WOS?
    Read more on : exports proceeds utilization

    • Dear Juhee

      Yes, capitalization of export proceeds is permitted subject to compliance of certain guidelines. i.e. the exports have not remained outstanding beyond the stipulated period of realisation etc.

      ThankYou!!

      01-09-2022 / 05:11:48 AM
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