Period within which export value of goods/software to be realised

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ort value of goods or software exported shall be realised and repatriated to India within ^8[nine months] from the date of export : ^7[***] Provided that where the goods are exported to a warehouse established outside India with the permission of the Reserve Bank, the amount representing the full export value of goods exported shall be paid to the authorised dealer as soon as it is realised ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s or software shall be realised and repatriated to India within twelve months from the date of export. Provided that the Reserve Bank may for a sufficient and reasonable cause shown, extend the said period of twelve months. (b) The Reserve Bank may for reasonable and sufficient cause direct that ^5[the said exporter/s shall cease to be governed by sub-regulation (2); Provided that no such....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....04-2002, before it was read as, 'unit' 6. Substituted vide Notification No. 176/2008-RB dated 23-07-2008, before it was read as, "six months" 7. Omitted vide Notification No. 273/2013-RB 25-04-2013, before it was read as, "^3[Provided that where the goods or software are exported by the units in Special Economic Zones, the stipulation of period ....