Time Limit for receiving payment against export invoice

vijay (Accountant) (884 Points)

13 April 2022  

We are an Indian company ABC have raised an export invoice without payment of GST under LUT to a UAE company XYZ but XYZ doesnt have bank account as of now and wants to make payment of invoice from another company registered in Singapore JKL , please advise if this arrangement can be done as dont think our Indian Bank will allow USD to credit in our account if invoice is raised to other & payment is received from another company