Extension of realisation period for export oriented units permits longer time for repatriation of export proceeds. 100 per cent Export Oriented Units (EOUs) and units under the Electronics Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio-Technology Parks (BTPs) schemes are permitted to realise and repatriate the full value of export proceeds within an extended period of twelve months from the date of export; the relaxation applies to exports made on or after September 1, 2004, and existing guidelines on crediting foreign exchange earnings to EEFC accounts remain unchanged.
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Provisions expressly mentioned in the judgment/order text.
Extension of realisation period for export oriented units permits longer time for repatriation of export proceeds.
100 per cent Export Oriented Units (EOUs) and units under the Electronics Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio-Technology Parks (BTPs) schemes are permitted to realise and repatriate the full value of export proceeds within an extended period of twelve months from the date of export; the relaxation applies to exports made on or after September 1, 2004, and existing guidelines on crediting foreign exchange earnings to EEFC accounts remain unchanged.
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