https://www.taxtmi.com/notifications?id=146677 Export contracts and invoices, other than those involving Asian Clearing Union member countries, may be denominated in foreign currency or Indian rupees, with proceeds realised in either currency. Contracts involving ACU members, Nepal and Bhutan are subject to specified denomination and settlement rules, including Reserve Bank of India directions. Exports, other than to Nepal and Bhutan, whose proceeds are realised in Indian rupees through prescribed banking channels qualify for FTP benefits, incentives and export-obligation fulfilment on par with foreign-currency realisations. Iran-related exports remain subject to applicable FTP requirements. en-us Thu, 20 Aug 2026 00:00:00 +0530 Thu, 20 Aug 2026 16:37:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=146677 Export contracts and invoices, other than those involving Asian Clearing Union member countries, may be denominated in foreign currency or Indian rupees, with proceeds realised in either currency. Contracts involving ACU members, Nepal and Bhutan are subject to specified denomination and settlement rules, including Reserve Bank of India directions. Exports, other than to Nepal and Bhutan, whose proceeds are realised in Indian rupees through prescribed banking channels qualify for FTP benefits, incentives and export-obligation fulfilment on par with foreign-currency realisations. Iran-related exports remain subject to applicable FTP requirements. Notifications DGFT Thu, 20 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/notifications?id=146677