Payment for Export in Certain Cases
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....porter as under, namely:- (i) in the form of a bank draft, cheque, pay order, foreign currency notes/travellers cheque from a buyer during his visit to India, provided the foreign currency so received is surrendered within the specified period to the authorised dealer of which the exporter is a customer ; (ii) by debit to FCNR/NRE account maintained by the buyer with an authorise....
TaxTMI