https://www.taxtmi.com/acts?id=19402 For exports with payments not in freely convertible currency to erstwhile RPA countries and specified Russian Federation transactions, value addition norms require application of either the Handbook Vol.1/Vol.2 percentage or a prescribed minimum floor, whichever is higher; exports in freely convertible currency follow GCA norms. Specified transactions also receive procedural relaxations allowing contracts, invoices and Advance Authorisation export obligation accounting to be expressed in non convertible Indian Rupees. en-us Mon, 13 Apr 2015 17:42:09 +0530 Mon, 13 Apr 2015 17:42:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19402 For exports with payments not in freely convertible currency to erstwhile RPA countries and specified Russian Federation transactions, value addition norms require application of either the Handbook Vol.1/Vol.2 percentage or a prescribed minimum floor, whichever is higher; exports in freely convertible currency follow GCA norms. Specified transactions also receive procedural relaxations allowing contracts, invoices and Advance Authorisation export obligation accounting to be expressed in non convertible Indian Rupees. Act-Rules DGFT Mon, 13 Apr 2015 17:42:09 +0530 https://www.taxtmi.com/acts?id=19402