TaxTMI 
TaxTMI 
R/Sir
Please told new procedure in Nepal Export .......................
Nepal Export Procedure-Reg
26 Jun 2012 
8 Replies 
14659 Views Asked by
Export payments in Indian rupee to Nepal permitted, but eligibility for export promotion benefits and drawback may be affected.
Exports to Nepal now follow the revised bilateral treaty notifications and are treated like other exports, with ARE-1 used for documentation. Payment in Indian rupees is permitted if made in accordance with applicable RBI guidelines and Circular No. 961/04/2012-CX, but one advisory view in the discussion indicates such INR receipts may affect eligibility for export promotion benefits and entitlement to duty drawback. Questions on acceptable proof of export (BRC versus bank statements) were also raised. (AI Summary)
Exports to Nepal now follow the revised bilateral treaty notifications and are treated like other exports, with ARE-1 used for documentation. Payment in Indian rupees is permitted if made in accordance with applicable RBI guidelines and Circular No. 961/04/2012-CX, but one advisory view in the discussion indicates such INR receipts may affect eligibility for export promotion benefits and entitlement to duty drawback. Questions on acceptable proof of export (BRC versus bank statements) were also raised. (AI Summary)