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Retention of duplicate export declaration forms: authorised dealers to retain certified duplicates and conduct internal audit checks after realisation. Authorised dealers must retain, after due certification following realisation of export proceeds, duplicate copies of export declaration forms (GR, PP, SOFTEX), Exchange Control copies of shipping bills and related SDF instead of submitting them to the Reserve Bank; they must continue to submit Schedules 3-6 with R-Returns and perform random internal/concurrent audit checks to ensure any non-realisation or short realisation is within delegated powers or has required approval.
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Retention of duplicate export declaration forms: authorised dealers to retain certified duplicates and conduct internal audit checks after realisation.
Authorised dealers must retain, after due certification following realisation of export proceeds, duplicate copies of export declaration forms (GR, PP, SOFTEX), Exchange Control copies of shipping bills and related SDF instead of submitting them to the Reserve Bank; they must continue to submit Schedules 3-6 with R-Returns and perform random internal/concurrent audit checks to ensure any non-realisation or short realisation is within delegated powers or has required approval.
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