Can be billed in INR for Export To Bangladesh

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38 Points Posted on 20 August 2020
Please provide the Solution
for export to Bangladesh.
can be make invoice in INR.
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On 20 August 2020 at 16:17 Report
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This discussion investigates the possibility of invoicing for exports to Bangladesh in Indian Rupees (INR). While the IGST (Amendment) Act, 2018, permits INR billing where allowed by the Reserve Bank of India (RBI), it's clarified that such permissions are currently limited to Nepal and Bhutan, not Bangladesh.

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Chartered Accountant
4524 Points Posted on 20 August 2020
Yes,  as per IGST (Amendment) Act, 2018, Following added to Sub-Clause (iv) of Sec 2(6)………………. “or in Indian rupees wherever Permitted by the Reserve Bank of India”
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On 20 August 2020 at 16:55
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Tax and Business Consultant
11616 Points Posted on 20 August 2020
@ CA Sunil kumar ji
Is Export to Bangladesh in Indian rupees permitted by RBI..?
As per my knowledge, it's allowed / Permitted for Nepal and Bhutan only...not Bangladesh
Correct, if I m wrong..
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On 20 August 2020 at 17:18

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