TaxTMI 
TaxTMI 
Export of Goods and Services- Direct Dispatch of Shipping Documents Realisation and Repatriation of Export Proceeds - Liberalisation
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....xport of Goods and Services- Direct Dispatch of Shipping Documents Realisation and Repatriation of Export Proceeds - Liberalisation <br>News and Press Release<br>Dated:- 14-8-2008<br><BR>Paragraph C.7....
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.... of the Part C of the Annexure of the Circular No. 12 dated 9-9-2000 deals with manner in which the shipping documents should be dispatched. Accordingly, generally the shipping documents are dispatc....
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....hed by the authorized agents (banks) through their overseas braches / correspondents. But, in certain circumstances (like, in case of regular customer or in case of advance payment etc.) exporters ar....
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....e allowed to dispatch the documents directly to the consignee. Vide circular no. 10 dated 14-8-2002, RBI has allowed units in SEZ to dispatch shipping documents to consignee subject to certain condit....
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....ions. Now, vide circular no. 6 dated 13-8-2008, RBI has allowed the concerned banks to regularized the direct dispatch of shipping document from exporter to consignee where the value of each export s....
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....hipment is upto USD 1 million or its equivalent subject to certain conditions. Also see: - Foreign Exchange Management (Export of Goods and Services) Regulations, 2000 And Master circular no. 9/2....
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....008 dated 1-7-2008 - Master Circular on Export of Goods and Services<BR> News - Press release - PIB....