Exchange rate for IGST?
Neeraj Saini (Article) (43 Points)
03 August 2017
in case of Exports what Exchange rate is used for calculating the invoice value in rupees for payment of IGST.
6 Replies
Madhukar N Hiregange
(Chartered Accountant)
(39039 Points)
Replied 03 August 2017
It should be the RBI rate which is declared very day.
Madhukar N Hiregange
(Chartered Accountant)
(39039 Points)
Replied 03 August 2017
It should be the RBI rate which is declared very day.
Vijay Bhand
(338 Points)
Replied 03 August 2017
Pls refer notification no 172017 dated 27.7.17 clarifed that exchange rate declared by cbec would be applicable under GST wef 27th july 17 for Import n export only .
Vijay Bhand
(338 Points)
Replied 03 August 2017
Pls refer notification no 172017 dated 27.7.17 clarifed that exchange rate declared by cbec would be applicable under GST wef 27th july 17 for Import n export only .
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