Export of Services - For claiming exemption from GST or Benefit of Zero Rated supply under GST, whether receipt of consideration / payment in convertible foreign exchange is necessary or mandatory

Convertible foreign exchange requirement necessary to qualify services as zero-rated exports under GST, where payment is received in foreign currency.

The operative requirement for classifying cross-border services as zero-rated is mandatory receipt of payment in convertible foreign exchange; absence of such receipt prevents claiming exemption or zero-rated treatment for export of services.