TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEZ export proceeds must be repatriated within 12 months; RBI may grant case-by-case extensions after amendments notified</h1> Units located in SEZs are required to realize and repatriate the full value of exports of goods, software and services to India within twelve months from the date of export; any extension beyond twelve months may be granted by the RBI on a case-to-case basis, thereby restoring a fixed repatriation timeline and subjecting extensions to RBI discretion. The requirement took immediate effect and is temporally limited to one year, subject to review, thereby temporarily reinstating a statutory deadline. Corresponding amendments to the Foreign Exchange Management (Export of Goods and Services) Regulations, 2000 have been notified, thereby effectuating the regulatory change.
TaxTMI 
TaxTMI 
