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exchange rate for export

Rate / HSN codes 2215 views 7 replies
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student
508 Points Joined February 2011
when we doing export which exchange rate should consider RBI rate or exchange rate notified by CBEC according to IGST act
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On 09 August 2017 at 21:23 Report
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135 Points Joined August 2017
I don't think there are two different rates
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On 09 August 2017 at 21:55
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Tax Consultant
159 Points Joined February 2013
cbec rate
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On 09 August 2017 at 22:51
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Tax Consultant
159 Points Joined February 2013
cbec rate
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On 09 August 2017 at 22:51
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343 Points Joined August 2017
wef 27.7.2017 you should refer rates notified by CBEC.please refer notification of 27.7.17.
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On 09 August 2017 at 22:58
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student
508 Points Joined February 2011
but according to IGST is it RBI rate? because export is governed by IGST act?
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On 09 August 2017 at 23:01
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343 Points Joined August 2017
No in the above notification clearly mentioned that now 27th onwards you have to follow rare declared by cbec only not rbi
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On 10 August 2017 at 08:55
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Chartered Accountant
23 Points Joined February 2014
Please share the notification
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On 10 August 2017 at 12:12

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