Reserve Bank of India
Prize money transfer of 500, 000.00 GBP

Business & Finance

Sir/ Madam,

I have got a message from Commonwealth Bank Lottery Corporation, UK that I have win 500, 000.00 GBP. As per the instruction given by Dip. Phillip Anderson from CW bank lottery Corporation, I have paid Rs 25000 as custom clearance, Rs 50000 as draft registration and Rs 131559 as COT (cost of transfer). But, Again as per RBI foreign remittance Department, I have to paid Rs 572000 for tax code. I have a doubt in this process because there was no clear indication prior about the transfer process. So I want to know the accuracy of the transfer money and the RBI letters and websites used in this process.

So please help me and give me the right direction.

Yours Faithfully

Dipankar Baruah

Note- custom clearance receipt


Company: Reserve Bank of India
Country: India
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