Export of Goods and Services Refund of Export Proceeds - Liberalisation

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....; 2007 To, All Category - I Authorised Dealer Banks Madam / Sir, Export of Goods and Services Refund of Export Proceeds - Liberalisation Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to paragraph D.2 of the Annexure to A. P. (DIR Series) Circular No.12 dated September 9, 2000, in terms of which refund of export proceeds may be allowed by AD ....

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.... the exporter against the relevant export or the proportionate incentives availed, if any, for the relevant export have been surrendered; iv)  obtain an undertaking from the exporter that the goods will be re-imported within three months from the date of remittance; and  v) ensure that all procedures as applicable to normal imports are adhered to.   3. AD C....