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DGFT notifies norms for export incentives on rupee receipts

The Directorate General of Foreign Trade (DGFT) on Wednesday notified norms for permitting exporters to avail incentives under the foreign trade policy, even on realisation in rupee. The DGFT, under the commerce ministry, has already allowed invoicing, payment and settlement of exports and imports in Indian rupee, a move aimed at facilitating trade in the domestic currency.

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