https://www.taxtmi.com/forum/issue?id=116254 Realization of export of services must occur in convertible foreign exchange or in INR where RBI permits; this determines refund entitlement and GST treatment. For refund claims under Rule 89(2)(c), exporters must submit invoice details along with the relevant Bank Realization Certificate or Foreign Inward Remittance Certificate. Guidance notes emphasize realization through a vostro account as normative, while banks' MT 103 forms may be used operationally but BRC/FIRC remain the prescribed documentary proof for processing export-related refunds. en-us Fri, 01 May 2020 17:07:53 +0530 Thu, 23 Jan 2025 15:54:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116254 Realization of export of services must occur in convertible foreign exchange or in INR where RBI permits; this determines refund entitlement and GST treatment. For refund claims under Rule 89(2)(c), exporters must submit invoice details along with the relevant Bank Realization Certificate or Foreign Inward Remittance Certificate. Guidance notes emphasize realization through a vostro account as normative, while banks' MT 103 forms may be used operationally but BRC/FIRC remain the prescribed documentary proof for processing export-related refunds. Discussion-Forum GST Fri, 01 May 2020 17:07:53 +0530 https://www.taxtmi.com/forum/issue?id=116254