https://www.taxtmi.com/forum/issue?id=113934 Advisory responses recommend using the RBI reference rate for exchange rate determination and treating routine short foreign currency receipts as Bank Charges, with remittances recorded net of such charges and foreign exchange gain or loss recognised on conversion at receipt; the replies do not resolve the invoicing date choice or GST consequence of forex differences. en-us Mon, 09 Jul 2018 00:53:07 +0530 Thu, 23 Jan 2025 15:55:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113934 Advisory responses recommend using the RBI reference rate for exchange rate determination and treating routine short foreign currency receipts as Bank Charges, with remittances recorded net of such charges and foreign exchange gain or loss recognised on conversion at receipt; the replies do not resolve the invoicing date choice or GST consequence of forex differences. Discussion-Forum FEMA Mon, 09 Jul 2018 00:53:07 +0530 https://www.taxtmi.com/forum/issue?id=113934