Export declaration and realisation: exporters must declare exports and ensure repatriation of full export value within prescribed timelines. Exporters of goods, software and services must furnish prescribed declaration forms (EDF for physical exports; SOFTEX for non physical software) to designated authorities, ensure the full export value is realised and repatriated in foreign exchange through authorised dealers in the manner and within periods prescribed, and retain authorised dealer copies on realisation. Certain categories of exports are exempted from declaration but remain subject to realisation obligations. The Reserve Bank may impose pre export conditions, extend realisation periods, or direct compliance measures, and exporters have a right to be heard before approvals are withheld.
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 declaration and realisation: exporters must declare exports and ensure repatriation of full export value within prescribed timelines.
Exporters of goods, software and services must furnish prescribed declaration forms (EDF for physical exports; SOFTEX for non physical software) to designated authorities, ensure the full export value is realised and repatriated in foreign exchange through authorised dealers in the manner and within periods prescribed, and retain authorised dealer copies on realisation. Certain categories of exports are exempted from declaration but remain subject to realisation obligations. The Reserve Bank may impose pre export conditions, extend realisation periods, or direct compliance measures, and exporters have a right to be heard before approvals are withheld.
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