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of <h1>Indian exporters must declare equity exports on prescribed forms and submit documents within specified timeframes to Reserve Bank</h1> Indian parties exporting goods, software, or machinery as equity contribution to joint ventures or wholly owned subsidiaries abroad must declare exports on prescribed forms marked 'Exports against equity participation' with Reserve Bank identification numbers. Within 15 days of shipment, custom-certified invoice copies must be submitted to Reserve Bank through designated authorized dealer branches. Within six months of export, parties must provide share certificates or investment evidence documents along with duplicate export forms to demonstrate completed equity participation in foreign entities.
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