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since ‎Sep-24-2018
Country: India
Type: Business
AbhikaJewels
AbhikaJewels Contributor
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Which Purpose Code? P0101 or P0103 or P0104?

by AbhikaJewels Contributor in Payments Archives
‎Sep-24-2018 03:20 AM
‎Sep-24-2018 03:20 AM
Hi    We receive advance payment for all our goods. Till now(July'18) were not able to get a SB as we were sending goods via IndiaPost and DHL ecommerce. What should be the correct Purpose code for getting it corrected at Citi? and what Purpose code should we use now? ( now we get SB from everyone I guess )   What are the additional things we should take care while handling and maintaining paper work?  ... View more
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  • Receive money

RBI Regulations for Exporting Goods from India

by AbhikaJewels Contributor in Business Tools Archives
‎Sep-24-2018 02:56 AM
‎Sep-24-2018 02:56 AM
Hi, I have been using paypal for the last your years now to do retail exports. I have been shipping my goods via Indiapost and DHL e commerce primarily. One this I haven't been able to figure out ( Now its coming back to haunt me ) , is the whole regulatory setup. So once we get payment from Paypal we ship with via DHL Ecommerce /India post, what all documents do we need to maintain and submit to the bank. What purpose code should we use and is there a proper resource to understand this? ... View more
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