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    <title>Clarification relating to export of services—sub-clause (iv) of the Section 2(6) of the IGST Act 2017</title>
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    <description>Payments made to Indian exporters of services from balances in designated Special Rupee Vostro Accounts of correspondent banks, opened by authorised dealer banks under the deposit regulations and subject to prescribed approvals and trade policy conditions, shall be treated as fulfilling the payment receipt requirement for export of services, provided compliance with the foreign exchange mechanism and foreign trade policy is maintained and without prejudice to other statutory permissions.</description>
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      <description>Payments made to Indian exporters of services from balances in designated Special Rupee Vostro Accounts of correspondent banks, opened by authorised dealer banks under the deposit regulations and subject to prescribed approvals and trade policy conditions, shall be treated as fulfilling the payment receipt requirement for export of services, provided compliance with the foreign exchange mechanism and foreign trade policy is maintained and without prejudice to other statutory permissions.</description>
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