Category Archives: FCRA, TAX, LEGAL

Dear Members, I have a query for funds transfer from a local a/c to a foreign entity is possible or not?  We have 2 bank accounts (FCRA and local a/c).  We have funds in our local a/c.  This funds cannot … Continue reading →

Dear All, In my opinion, we can open separate bank account (sub FCRA A/c) and transfer the fund from FCRA to sub FCRA A/c. Make normal transaction from sub-fcra A/c. Hope banker have no problem if we deposit cash in sub-FCRA A/c after … Continue reading →

Dear Sir We need a clarification that may I pay advance to Staff, Vendors etc from FCRA account,  if yes than how to settle their accounts. Like I have paid Rs 25000 and he submitted bills of Rs. 20000 than … Continue reading →

Dear Friends, We have opened a new project bank account in which all the funds for the project will be transferred from FCRA , as we to intimate foreign ministry regarding the account kindly help us if we have to … Continue reading →

Dear Friends, Kindly let me know the frequency of filing FCRA return and oblige. Thanks and Regards Ashish Kumar Saxena Akash Memorial Charitable Trust

Dear Friends, I have a query and would request you all to respond. We have a EU supported project and as part of the guielines we have to float a International Open Tender for procurement. My point is as follows: … Continue reading →

Dear SRRF Members, Can you please let me know whether there is any exemption available for registered charities on VAT payment? In some cases when we purchase equipment we are charged VAT. Can we tell the sellers not to charge … Continue reading →

Dear SRRF Members, We have received a new query on FCRA Applicability, from Venkat Raidu 1. Is FCR Act applicable to those agencies which are formed by Act of Parliament? Or 2. they can receive funds without registrations? Looking forward … Continue reading →

  Dear SRRF members, We have received a new query under Service Tax, from Sachchida Kindly let us know:- 1. Manufacturing of lather garments excisable & rate of excise. 2. Applicability of service tax if manufacturing on jabwork basis. Looking forward to your … Continue reading →