Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Realisation period for export proceeds to specified jurisdictions extended to 360 days until 31 Aug 2003; six-month rule resumes</h1> Extension of permitted period for realisation of export proceeds for specified jurisdictions: RBI extends, for one year from 1 September 2002, the temporary 360-day period for realisation and repatriation of full export proceeds for exports of goods/software to the listed countries, thereby permitting exporters to those jurisdictions to realise receipts within 360 days until 31 August 2003; thereafter exporters will be obliged to realise full export proceeds within the statutory six-month period from date of export, with authorised dealers to enforce this requirement.
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