Extended realisation period for export proceeds allows exporters of specified products longer time to repatriate full export value. Authorised dealers are to allow manufacturer exporters, merchant exporters and traders of the Annexure products an extended period from the date of shipment to realise and repatriate the full value of exports for shipments made up to the announced cut off; authorised dealers must inform constituents and implement the facility under the Reserve Bank's exchange control directions.
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Provisions expressly mentioned in the judgment/order text.
Extended realisation period for export proceeds allows exporters of specified products longer time to repatriate full export value.
Authorised dealers are to allow manufacturer exporters, merchant exporters and traders of the Annexure products an extended period from the date of shipment to realise and repatriate the full value of exports for shipments made up to the announced cut off; authorised dealers must inform constituents and implement the facility under the Reserve Bank's exchange control directions.
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