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Export Service Tax Rebate Approved: Intermediate Nostro Account Payments Count as Foreign Exchange u/r 5, 2005.

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Full Text of the Document

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....Rebate of service tax u/r 5 of Export of Services Rules, 2005 - The Reserve Bank regulations permit such amounts received through intermediate nostro accounts as receipt of payment in Foreign exchange - Benefit of export / rebate allowed - AT....

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