Export of Goods / Software / Services – Period of Realisation and Repatriation of Export Proceeds – For exporters including Units in SEZs, Status Holder Exporters, EOUs, Units in EHTPs, STPs and BTPs
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Realisation and repatriation period shortened for export proceeds, applying uniformly to all exporters and requiring AD banks to notify constituents. Exporters, including Units in SEZs, Status Holder Exporters, EOUs and units in EHTPs, STPs and BTPs, must realize and repatriate the full value of exports to India within a reduced period from the date of export; this uniform requirement applies until further notice. The separate provisions for exports to warehouses outside India remain unchanged. AD Category I banks should inform their constituents. Directions are issued under FEMA and are without prejudice to other statutory permissions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Realisation and repatriation period shortened for export proceeds, applying uniformly to all exporters and requiring AD banks to notify constituents.
Exporters, including Units in SEZs, Status Holder Exporters, EOUs and units in EHTPs, STPs and BTPs, must realize and repatriate the full value of exports to India within a reduced period from the date of export; this uniform requirement applies until further notice. The separate provisions for exports to warehouses outside India remain unchanged. AD Category I banks should inform their constituents. Directions are issued under FEMA and are without prejudice to other statutory permissions.
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