Export declaration procedures require specified authorities to forward originals to the Reserve Bank and retain duplicates for compliance. Regulation 6 requires Form GR/3 duplicates be submitted to the Commissioner of Customs who forwards the original to the Reserve Bank and returns the duplicate to the exporter; Form PP duplicates are submitted to the authorised dealer who countersigns and returns the original to the exporter for postal onwarding to the Reserve Bank; Form SOFTEX triplicates are submitted to a designated official who forwards the original to the Reserve Bank, returns the duplicate to the exporter and retains the triplicate. Authorised dealers retain duplicate declaration forms and exchange control copies on realisation of export proceeds.
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Provisions expressly mentioned in the judgment/order text.
Export declaration procedures require specified authorities to forward originals to the Reserve Bank and retain duplicates for compliance.
Regulation 6 requires Form GR/3 duplicates be submitted to the Commissioner of Customs who forwards the original to the Reserve Bank and returns the duplicate to the exporter; Form PP duplicates are submitted to the authorised dealer who countersigns and returns the original to the exporter for postal onwarding to the Reserve Bank; Form SOFTEX triplicates are submitted to a designated official who forwards the original to the Reserve Bank, returns the duplicate to the exporter and retains the triplicate. Authorised dealers retain duplicate declaration forms and exchange control copies on realisation of export proceeds.
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