EOU/EPZ Units export to Nepal - No export in bond permitted if payment is in Indian Rupees

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....Indian currency - Duty applicability I am directed to say that as per the provisions of the notifications issued under Rule 13 and Rule 14 of the Central Excise Rules, 1944, the export of excisable goods to Nepal and  Bhutan is permissible under bond without payment of excise duty subject to certain conditions, one of which is that the payment for the exports is received in freely converti....

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....se Rules, 1944 without payment of excise duties, is not permissible in the case of exports by 100% EOU/ EPZ Units to Nepal where the payment is received on rupee account. For applicable duties of excise in respect of excisable goods, the relevant notification should be referred which requires for 100% EOU/ EPZ unit to pay the customs duties applicable to such goods. If the export goods are not exc....