Clarification relating to export of services – sub-clause (iv) of the Section 2 (6) of the IGST Act 2017

Clarification relating to export of services – sub-clause (iv) of the Section 2 (6) of the IGST Act 2017 https://www.taxtmi.com/circulars?id=66972 Payments received by Indian exporters of services in Indian rupees from designated Special Rupee Vostro Accounts of correspondent banks, established under the RBI INR settlement mechanism and recognized by the Foreign Trade Policy, shall be regarded as fulfilling the payment requirement in sub clause (iv) of the IGST Act definition of export of services, subject to compliance with RBI circulars, Foreign Trade Policy procedures, and any other statutory permissions or approvals. en-us Fri, 17 Nov 2023 00:00:00 +0530 Tue, 21 Nov 2023 17:34:00 +0530 TaxTMI RSS Generator Clarification relating to export of services – sub-clause (iv) of the Section 2 (6) of the IGST Act 2017 https://www.taxtmi.com/circulars?id=66972 Payments received by Indian exporters of services in Indian rupees from designated Special Rupee Vostro Accounts of correspondent banks, established under the RBI INR settlement mechanism and recognized by the Foreign Trade Policy, shall be regarded as fulfilling the payment requirement in sub clause (iv) of the IGST Act definition of export of services, subject to compliance with RBI circulars, Foreign Trade Policy procedures, and any other statutory permissions or approvals. Circulars GST - States Fri, 17 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66972