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Can be billed in INR for Export To Bangladesh

Jitender Kumar Yadav (38 Points)

20 August 2020

Please provide the Solution
for export to Bangladesh.
can be make invoice in INR.

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2 Replies

CA Sunil Kumar (Chartered Accountant) (4519 Points)
Replied 20 August 2020

Yes, as per IGST (Amendment) Act, 2018, Following added to Sub-Clause (iv) of Sec 2(6)………………. “or in Indian rupees wherever Permitted by the Reserve Bank of India”

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Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 20 August 2020

@ CA Sunil kumar ji
Is Export to Bangladesh in Indian rupees permitted by RBI..?
As per my knowledge, it's allowed / Permitted for Nepal and Bhutan only...not Bangladesh
Correct, if I m wrong..