https://www.taxtmi.com/forum/issue?id=113403 Exports of goods to Nepal and Bhutan qualify as zero rated supplies under GST and may be covered by LUT acceptance regardless of payment in Indian rupees if compliant with RBI guidelines and Circular guidance; supplies of services historically required receipt in convertible foreign exchange but subsequent FAQs and notification amendments adjusted that requirement, and practitioners must attend to procedural particulars such as accurate entries on Bills of Exports to avoid refund denials. en-us Mon, 12 Feb 2018 16:44:50 +0530 Thu, 23 Jan 2025 15:55:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113403 Exports of goods to Nepal and Bhutan qualify as zero rated supplies under GST and may be covered by LUT acceptance regardless of payment in Indian rupees if compliant with RBI guidelines and Circular guidance; supplies of services historically required receipt in convertible foreign exchange but subsequent FAQs and notification amendments adjusted that requirement, and practitioners must attend to procedural particulars such as accurate entries on Bills of Exports to avoid refund denials. Discussion-Forum GST Mon, 12 Feb 2018 16:44:50 +0530 https://www.taxtmi.com/forum/issue?id=113403