Manner of Receipts 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/ travelers cheque from a buyer during his visit to India, provided the foreign currency so received is surrendered within the specified period to the authorized dealer of which the exporter is a customer ; ^1[(ii) by debit to FCNR/ NRE/ SNRR account maintained by a person resident ....
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.... foreign country or by the credit arrangement entered into by the Exim Bank with a financial institution in a foreign state; (vi) in the form of precious metals i.e. gold/ silver/ platinum equivalent to value of jewellery exported by Gem & Jewellery units in Special Economic Zones and Export Oriented Units on the condition that the sale contract provides for the same and the value is decl....
TaxTMI