https://www.taxtmi.com/forum/issue?id=117168 Export of services remittances credited in INR via a non-resident bank's Vostro account may be contested for GST refund purposes where currency conversion occurred abroad; Circular No.88/07/2019-GST permits realization in rupees through freely convertible Vostro accounts subject to RBI conditions but its applicability to refunds after 23 March 2020 is restricted. Taxpayers should ensure conformity with RBI requirements and may assert entitlement to three personal hearing opportunities when contesting refund rejections. en-us Fri, 16 Apr 2021 15:03:15 +0530 Thu, 23 Jan 2025 15:54:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117168 Export of services remittances credited in INR via a non-resident bank's Vostro account may be contested for GST refund purposes where currency conversion occurred abroad; Circular No.88/07/2019-GST permits realization in rupees through freely convertible Vostro accounts subject to RBI conditions but its applicability to refunds after 23 March 2020 is restricted. Taxpayers should ensure conformity with RBI requirements and may assert entitlement to three personal hearing opportunities when contesting refund rejections. Discussion-Forum GST Fri, 16 Apr 2021 15:03:15 +0530 https://www.taxtmi.com/forum/issue?id=117168