Currency of payment received in export

I beleive the following points may be helpful to you:

Foreign Exchange Management (Manner of Receiptand Payment) Regulations, 2000

Payment for export may also be receivedby the exporter as under namely:

i) in the form of a bank draft, cheque, pay order, foreign currency notes/travellers chequefrom a buyer during his visit to India,

provided the foreign currency so received issurrendered within the specified period to the authorised dealer of which the exporter is a customer ;

ii) by debit to FCNR/NRE account maintained by the buyer with an authoriseddealer or an authorised bank in India ;

iii) in rupees from the credit card servicing bank in India against the charge slip signed by thebuyer where such payment is made by the buyer through a credit card ;

iv) from a rupee account held in the name of an Exchange House with an authorised dealer if the amount does not exceed two lakh rupees per export transaction ;

v) in accordance with the directions issued by the Reserve Bank to authorised dealers, wherethe export is covered by the arrangement between the Central Government and theGovernment of a foreign country or by the credit arrangement entered into by the EximBank with a financial institution in a foreign state.