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<h1>Outstanding export bills must be reported on Form XOS at half year ends under FEMA, with detailed instalment and certification data.</h1> Requirement to report particulars of export bills outstanding beyond the prescribed period as at 30 June and 31 December on Form XOS. Part I lists outstanding export bills other than deferred payments with invoice, realization and outstanding amounts and classification; Part II records deferred-payment exports with RBI approval, instalment receipts and outstanding amounts, rupee equivalents and ECGC cover details; Part III summarizes opening outstandings, additions, deletions and net position. A mandatory authorised-official certification concludes the form.
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