Unrealised export proceeds restrict further exports unless full advance payment or an irrevocable Letter of Credit is secured. Unrealised export proceeds beyond one year from the due date of realisation, or any extended period allowed by an Authorised Dealer, restrict an ... Summary
Unrealised export proceeds restrict further exports unless full advance payment or an irrevocable Letter of Credit is secured.
Unrealised export proceeds beyond one year from the due date of realisation, or any extended period allowed by an Authorised Dealer, restrict an exporter's subsequent exports. Further exports may then be undertaken only upon receipt of full advance payment or against an irrevocable Letter of Credit.
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