dear expert,
I have exported services to Dubai.
but my client has FCNR account in India.
so instead of paying me $ they have transferred INR from their FCNR Account.
now m worried about GST bcouz one of the condition for export is
payment should be rec'd in convertible foreign exchange.
can anyone guide me weather the transaction is treated as export of service or not.
1. Contact your back to issue a BRC/FIRC wrt the payment received.
2. After above, Make a refund application on Gst portal.
If the jurisdiction officer is convinced with this proof of receipt then he may grant refund.
Note : In future transactions request your cliney to make the payment in convertible foreign currency only, so that bank can issue FIRC easily.
CAclubindia
