Export to Iran payment under Indian rupee

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..... Export to Iran payment under Indian rupee
Query (Issue) Started By: - Yogesh Panchal Dated:- 3-12-2014 Last Reply Date:- 3-12-2014 Central Excise
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Central Excise
Dear All Exp .....

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..... ert, We have received export order for our finished goods from Iran in Indian Rupees,( Iran Customer Paid amount to the UCO Bank Iran, UCO Bank transfer amount in UCO Bank India in Indian rupees, UC .....

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..... O Bank India transfer amount in our bank account in Indian rupees. Payment not received under LC.) As per Foreign Trade Policy, 2009-14"Export proceeds against exports to Iran realized in India .....

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..... n rupees are permitted to avail exports benefits/ incentives. Query :- We have prepared Pri-Shipment invoice in Indian rupees??? We have cleared above export goods under LUT without duty of payment?? .....

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..... Please guide us. Reply By MUKUND THAKKAR: The Reply: Sir, please follow the guide lines given in RBI master circular of 01july-2014. Reply By Yogesh Panchal: The Reply: Dear Sir, Please explain .....

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..... in details.
Discussion Forum - Knowledge Sharing .....

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