Exchange control declaration requirement: exporters must declare export value and undertake to remit foreign exchange within prescribed timeframes. Form GR is an Exchange Control Declaration by the exporter declaring shipment and value particulars, asserting seller/consignor status and truth of particulars, and, where full export value is not ascertainable, declaring the value expected to be received abroad. The exporter undertakes to deliver to the named bank the foreign exchange representing the full export value on or before a specified date within prescribed time limits, and declares residency, place of business, and whether listed on the caution list.