Exports against equity participation: declare transactions and submit certified invoices and investment evidence within prescribed timelines. An Indian exporter making exports towards equity participation must declare the transaction on the applicable GR/SDF/SOFTEX form (superscribed as 'Exports against equity participation in the JV/WOS abroad') and quote any RBI Identification Number. Within fifteen days of shipment the exporter must submit a customs certified copy of the invoice to the Reserve Bank through the designated branch of an authorised dealer. If the export is capitalised, the exporter must, within six months (or extended time allowed by Reserve Bank), submit share certificates or other documents evidencing the investment plus the duplicate export form through the authorised dealer's branch.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exports against equity participation: declare transactions and submit certified invoices and investment evidence within prescribed timelines.
An Indian exporter making exports towards equity participation must declare the transaction on the applicable GR/SDF/SOFTEX form (superscribed as "Exports against equity participation in the JV/WOS abroad") and quote any RBI Identification Number. Within fifteen days of shipment the exporter must submit a customs certified copy of the invoice to the Reserve Bank through the designated branch of an authorised dealer. If the export is capitalised, the exporter must, within six months (or extended time allowed by Reserve Bank), submit share certificates or other documents evidencing the investment plus the duplicate export form through the authorised dealer's branch.
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