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of <h1>RBI Extends Export Repatriation Facility for Specific Countries Until August 31, 2004, Under FEMA Sections 10(4) and 11(1.</h1> The Reserve Bank of India has extended the facility for the realization and repatriation of the full value of goods and software exported to specific countries for another year, from September 1, 2003, to August 31, 2004. This extension follows a review of the previous year's directive. Authorized dealers in foreign exchange are instructed to inform their concerned constituents about this update. The directive is issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999. The list of applicable countries includes several nations across the Caribbean, Latin America, and parts of Europe.
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