2.40A

Export to Iran – Realisations in Indian Rupees

Export proceeds against exports to Iran realized in Indian rupees are permitted to avail exports benefits/ incentives under the Foreign Trade Policy, 2009-14, at par with export proceeds realized in freely convertible currency.

(In above para word "specific" has been deleted vide NOTIFICATION NO. 89/2013, DT. 06/08/2014 )

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Export proceeds against specific exports to Iran realized in Indian rupees are permitted to avail exports benefits/ incentives under the Foreign Trade Policy, 2009-14, at par with export proceeds realized in freely convertible currency. ]