DGFT endorsed the proposal of RBI to make declaration of foreign exchange remittance a part of the Shipping Bill.
X X X X Extracts X X X X
X X X X Extracts X X X X
.... 01.06.2015 PUBLIC NOTICE No. 45/2015 Sub: Dispensing with SDF form - reg. 1. Attention of all Exporters, Customs Brokers and Public is invited to the Boards Circular No. 15/2015-Customs dated 18.05.2015 on the above mentioned subject. 2. Government has taken number of measures to enhance the ease of doing business. In this direction, a Committee constituted by Ministry of Commer....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ime to time, including realization / repatriation of foreign exchange to / from India." DGFT has endorsed this proposal. 4. Accordingly, Board has issued Notification No 46/2015-Customs (N.T.), dated 18.05.2015 to incorporate the aforementioned declaration in lieu of SDF form in the Shipping Bill. Thus, declaration as mentioned in Para 3 above should be furnished by exporters as part of the ....
TaxTMI