Please guide on what shall be the exchange conversion rate in case export of service for amount calculations purposes (GSTR 3B) : RBI exchange rate or CBIC exchange rate.
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Export of service : RBI exchange rate or CBIC exchange rate
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Quick Summary
For Goods CBIC... for services GAAP( generally accepted accounting principles)
Ok, when we go deep in GAAP, it leads to RBI exchange rate only.
Yes. into GAAP RBI Exchange rate you can take.
RBI exchange rate
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