Export of Goods by way of Gifts - Liberalisation

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Full Text of the Document

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....ttention of Authorised Dealers is invited to A. D. (M.A. Series) Circular No.11 dated May 16, 2000. In terms of Clause (e) of Regulation 4 of Foreign Exchange Management (Export of Goods and Services) Regulations, 2000 vide Notification No. FEMA 23/2000-RB dated May 3,2000 contained thereat, export of goods by way of gift is permissible subject to declaration by the exporter that goods are not mor....