Denomination of export contracts all export contracts and, Ask an Expert

Management Studies

Denomination of Export Contracts: All export contracts and invoices shall be denominated in freely convertible currency and export proceeds shall be realised in freely convertible currency. Contracts for which payments are received through the Asian Clearing Union (ACU) shall be denominated in ACU dollar. The Central Government may relax this provision in appropriate cases.

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Marketing Management, Management Studies

Category:- Marketing Management
Reference No.:- M9620161

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