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Foreign exchange declaration requirement integrated into Shipping Bill; exporters must include prescribed undertaking in export documentation. The SDF requirement for exports through EDI ports has been dispensed with and replaced by a mandatory declaration incorporated into the Shipping Bill by Notification No. 46/2015-Customs (N.T.). Exporters must include an undertaking to comply with the Foreign Exchange Management Act, 1999, including realization and repatriation of foreign exchange, as part of the Shipping Bill declaration; customs authorities must issue Public/Trade Notices and report implementation difficulties to the Board.
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Foreign exchange declaration requirement integrated into Shipping Bill; exporters must include prescribed undertaking in export documentation.
The SDF requirement for exports through EDI ports has been dispensed with and replaced by a mandatory declaration incorporated into the Shipping Bill by Notification No. 46/2015-Customs (N.T.). Exporters must include an undertaking to comply with the Foreign Exchange Management Act, 1999, including realization and repatriation of foreign exchange, as part of the Shipping Bill declaration; customs authorities must issue Public/Trade Notices and report implementation difficulties to the Board.
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