what do you mean by amount of service
must be receive in convertible currency ??? I think if I am tendering service to outside India and I should receive the amount online through bank ... convertible currency is what and why this concept is introduced ... and same in goods case this is not condition
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section 2(6) of igst
Replies (3)
sir incase of goods it is implied because it goes through custom procedure but in case of service it is exclusively mentioned because it does not go through custom procedure
why the concept of convertible currency exist in services
normally I receive the amount of services through bank ... that is not comfortable currency and this will not consider exports
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