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of <h1>Export proceeds realization and repatriation period extended to 12 months effective Oct 1, 2011 through Sep 30, 2012</h1> Extension of the liberalised period for realisation and repatriation of full export value of goods and software from six months to twelve months is continued w.e.f. 1-Oct-2011 until 30-Sep-2012, thereby permitting exporters and AD Category-I banks to realize and repatriate export proceeds within 12 months of export during this period. The rule confirming that the period for realization and repatriation for exports by units in SEZs and for exports to warehouses established outside India remains unchanged preserves existing timelines and procedures applicable to those categories. (RBI)
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