Realisation and repatriation of export proceeds: permissible period extended, SEZ and warehouse export rules remain unchanged. The period for realisation and repatriation to India of the full export value of goods or software exported was liberalised by extending the permissible period from six months to twelve months from the date of export; this extension leaves unchanged the rules for units in Special Economic Zones and for exports to warehouses outside India, and was communicated to Authorised Dealer Category I banks under powers under the Foreign Exchange Management Act, 1999.
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.
Realisation and repatriation of export proceeds: permissible period extended, SEZ and warehouse export rules remain unchanged.
The period for realisation and repatriation to India of the full export value of goods or software exported was liberalised by extending the permissible period from six months to twelve months from the date of export; this extension leaves unchanged the rules for units in Special Economic Zones and for exports to warehouses outside India, and was communicated to Authorised Dealer Category I banks under powers under the Foreign Exchange Management Act, 1999.
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