Deemed export
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 July 2012
Hi
We have a STPI Unit export of Service, we ahve raised a invoice to Another STPI Unit in USD $, can we revived Payment in INR, if we recieve in INR will it be deemed export?
Thanks
We have a STPI Unit export of Service, we ahve raised a invoice to Another STPI Unit in USD $, can we revived Payment in INR, if we recieve in INR will it be deemed export?
Thanks
30 July 2012
Indian receives the payment in inr only. For your case, it should be convertible foreign exchange
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