TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Authorised dealers may extend six-month export proceeds realisation period for invoices =US$100,000 under conditions, caps, approval</h1> Authorised dealers handling export documents may extend the six-month realisation period for export proceeds without prior RBI approval where invoice value does not exceed US$100,000, provided the dealer is satisfied non-realisation is beyond the exporter's control, the exporter declares intent to realise during the extension, and extensions are granted in maximum three-month increments with total outstandings beyond one year capped at 10% of the exporter's average exports for the prior three fiscal years; where the exporter has instituted suit abroad, extensions up to six months are permitted regardless of amount, and invoices under investigation or invoices exceeding US$100,000 (except suit cases) require prior regional RBI approval; extensions must be noted in XOS remarks.
TaxTMI 
TaxTMI 
