Invoice Raising in USD Currency

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....nvoice Raising in USD Currency<br> Query (Issue) Started By: - Hemlata Neem Dated:- 6-11-2025 Last Reply Date:- 12-11-2025 Other Topics<br>Got 3 Replies<br>Indian Laws<br>If we are purchasing and Sell....

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....ing in India. Can we raise an Invoice in USD to the Customer ? Is it allowed in GST and FEMA Act ?? Or is there any Contravention with other laws ?? Plz provide the relevant supportings of the same in....

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.... reference to section and all Reply By Sadanand Bulbule: The Reply: For domestic transactions, though you can show values in USD, GST law (Section 31, CGST Act + Rule 34, CGST Rules) requires the ta....

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....xable value and tax to be in INR, and FEMA generally restricts payments between Indian residents in foreign currency-so settlement should be in INR. You may consult experts. Reply By YAGAY andSUN: T....

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....he Reply: If youre supply to SEZ, then you can raise an Invoice in USD or any Free Convertible Currency (FCC) as per RBI Master Direction ready with SEZ Provisions, FEMA Laws, otherwise not. Reply B....

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....y Shilpi Jain: The Reply: Pls give clear facts on what is the need to issue USD invoice for this when the transaction is within India<br> Discussion Forum - Knowledge Sharing ....