Payment received in rupees against nepal export
Ram kr. (Buisness) (883 Points)
12 February 2014Ram kr. (Buisness) (883 Points)
12 February 2014
Vishal D Shah
(CA. FEMA & Tax Consultant)
(929 Points)
Replied 12 February 2014
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 13 February 2014
Till 1.3.2012, special procedure was prescribed for exports to Nepal. Now w.e.f.1.3.2012, export to nepal is like export to any other country (except bhutan). You can export the goods without payment of duty or under claim of rebate of duty. Even if payment is received in Indian Rupees or foreighn currency.