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<h1>Exports Must Receive Payment in Convertible Foreign Exchange Within 9 Months for GST Exemption Under IGST Act 2017.</h1> Under the Integrated Goods and Services Tax Act, 2017, for exports to qualify for GST exemption or zero-rated supply benefits, the receipt of payment in convertible foreign exchange is stipulated. According to the Foreign Exchange Management (Export of Goods and Services) Regulations, 2015, this payment must be realized within nine months or within an extended period if permitted. This requirement ensures compliance with both GST regulations and foreign exchange management laws.