Export proceeds realisation requires exporters to submit accurate value declarations and comply with prescribed directions promptly. Exporters of goods must submit prescribed declarations containing true and correct particulars of the full export value or the value expected from an ... Summary
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Export proceeds realisation requires exporters to submit accurate value declarations and comply with prescribed directions promptly.
Exporters of goods must submit prescribed declarations containing true and correct particulars of the full export value or the value expected from an overseas sale where the full value is not ascertainable. Further information may be required to ensure realisation of export proceeds. The Reserve Bank may impose requirements to secure prompt receipt of the full or determined reduced export value. Exporters of services must declare material particulars relating to payment for services.
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