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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>Payment of export proceeds in Indian rupees from designated Special Rupee Vostro Accounts of correspondent banks, opened by authorised dealer banks under the Special Vostro Account framework, fulfils the payment requirement in sub clause (iv) of Section 2(6) of the IGST Act for export of services, subject to the conditions and restrictions of the Foreign Trade Policy and extant central bank circulars and without prejudice to any other statutory permissions or approvals.</description>
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      <description>Payment of export proceeds in Indian rupees from designated Special Rupee Vostro Accounts of correspondent banks, opened by authorised dealer banks under the Special Vostro Account framework, fulfils the payment requirement in sub clause (iv) of Section 2(6) of the IGST Act for export of services, subject to the conditions and restrictions of the Foreign Trade Policy and extant central bank circulars and without prejudice to any other statutory permissions or approvals.</description>
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