https://www.taxtmi.com/forum/issue?id=109905 Payment from an SEZ unit must be realised in a Foreign Currency Account (an account maintained in a currency other than India, Nepal or Bhutan) because SEZs are treated as foreign territory. A Trade Notice created a transitional allowance for rupee receipts under the prior FTP for earlier exports, but under the current policy payment must be received in foreign currency from the SEZ unit's foreign currency account to discharge export obligation under Advance Authorisation. en-us Fri, 19 Feb 2016 12:45:59 +0530 Thu, 23 Jan 2025 15:56:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109905 Payment from an SEZ unit must be realised in a Foreign Currency Account (an account maintained in a currency other than India, Nepal or Bhutan) because SEZs are treated as foreign territory. A Trade Notice created a transitional allowance for rupee receipts under the prior FTP for earlier exports, but under the current policy payment must be received in foreign currency from the SEZ unit's foreign currency account to discharge export obligation under Advance Authorisation. Discussion-Forum Customs Fri, 19 Feb 2016 12:45:59 +0530 https://www.taxtmi.com/forum/issue?id=109905