Hi Experts,
Can we export to Nepal without payment of duty under L. U. T if payment is received in Indian Rupees? If so, please provide the notification?
Subrata Chakraborty (Manager (Comm.)) 12 January 2015
Hi Experts,
Can we export to Nepal without payment of duty under L. U. T if payment is received in Indian Rupees? If so, please provide the notification?
Arun Kumar Singh (Advocate) 24 September 2015
You can export the goods without payment of duty under UT-1. There is no requirement that payment should be received in Indian Rupees or foreign currency vide circular no.961/04/2012-CX dated 26.03.2012.
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