Export of Services - For claiming exemption from GST or Benefit of Zero Rated supply under GST, whether receipt of consideration / payment in convertible foreign exchange is necessary or mandatory

Section - 02 - Definitions.

THE INTEGRATED GOODS AND SERVICES TAX ACT, 2017

Yes,

As per section 2(6) (iv) of the IGST Act, 2017 it  is mandatory to receive the amount in convertible foreign exchange.

2(6)(iv)  - the payment for such service has been received by the supplier of service in convertible foreign exchange; and

Dated: 9-5-2017