Export Invoicing

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....ts in Indian Rupees in terms of the Rules, Regulations, Notifications and Directions framed under the Foreign Exchange Management Act 1999. Further, in terms of Para 2.52 of the Foreign Trade Policy ....

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....ber country of Asian Clearing Union (ACU) or Nepal or Bhutan." Indian Rupee is not a freely convertible currency, as yet. [ para A.1(v) of RBI FED Master direction No. 16/2015-16 dated 01-01-2016 ] ....