Exemption from Declarations for goods sent abroad for testing or repair, subject to re-import and repatriation requirements. The amendment exempts goods sent outside India for testing or for repair and re-import from the GR-form declaration requirement, adds these categories to permitted exports, revises SOFTEX filing to triplicate submission at designated export points, and requires SEZ units to realize and repatriate the full export value within a specified period while empowering the Reserve Bank to extend the period or alter the unit's governance after opportunity to be heard.
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.
Exemption from Declarations for goods sent abroad for testing or repair, subject to re-import and repatriation requirements.
The amendment exempts goods sent outside India for testing or for repair and re-import from the GR-form declaration requirement, adds these categories to permitted exports, revises SOFTEX filing to triplicate submission at designated export points, and requires SEZ units to realize and repatriate the full export value within a specified period while empowering the Reserve Bank to extend the period or alter the unit's governance after opportunity to be heard.
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