Export repatriation flexibility: exporters may realise and repatriate export proceeds and establish UAE warehouse operations under relaxed conditions. Authorised Dealer Category I banks may permit exporters using UAE 'Bharat Mart' warehouses to repatriate the full export value of goods sold from the warehouse within an extended period from the sale date, and may, after verifying reasonableness and without pre-conditions, allow exporters with a valid Importer Exporter Code to open or hire warehouses and remit funds for setup and recurring office expenses; these relaxations are effective immediately and subject 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.
Export repatriation flexibility: exporters may realise and repatriate export proceeds and establish UAE warehouse operations under relaxed conditions.
Authorised Dealer Category I banks may permit exporters using UAE 'Bharat Mart' warehouses to repatriate the full export value of goods sold from the warehouse within an extended period from the sale date, and may, after verifying reasonableness and without pre-conditions, allow exporters with a valid Importer Exporter Code to open or hire warehouses and remit funds for setup and recurring office expenses; these relaxations are effective immediately and subject to other statutory permissions.
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