https://www.taxtmi.com/forum/issue?id=114567 Advance Authorisation for import of raw materials and components for supply to Nepal is available as there is no explicit restriction; RBI guidance permits settlement of transactions between Indian and Nepalese residents in INR if the Nepalese party has Nepal Rastra Bank permission, with payments routed through the ACU mechanism, and Master Directions replace earlier master circulars. Receipt of INR for export supplies to Nepal is acceptable, and where value-addition conditions are fulfilled, imports under Advance Authorisation for manufacture of the export product are permissible. en-us Thu, 31 Jan 2019 12:03:28 +0530 Thu, 23 Jan 2025 15:55:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114567 Advance Authorisation for import of raw materials and components for supply to Nepal is available as there is no explicit restriction; RBI guidance permits settlement of transactions between Indian and Nepalese residents in INR if the Nepalese party has Nepal Rastra Bank permission, with payments routed through the ACU mechanism, and Master Directions replace earlier master circulars. Receipt of INR for export supplies to Nepal is acceptable, and where value-addition conditions are fulfilled, imports under Advance Authorisation for manufacture of the export product are permissible. Discussion-Forum Customs Thu, 31 Jan 2019 12:03:28 +0530 https://www.taxtmi.com/forum/issue?id=114567