Period within which Export value of Goods/Software/ Services to be Realised
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....ds / software/ services exported shall be realised and repatriated to India within 1[nine months or within such period as may be specified by the Reserve Bank, in consultation with the Government, from time to time] from the date of export, provided (a) that where the goods are exported to a warehouse established outside India with the permission of the Reserve Bank, the amount representin....
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....(BTPs) as defined in the Foreign Trade Policy in force, then notwithstanding anything contained in sub-regulation (1), the amount representing the full export value of goods or software shall be realised and repatriated to India within 2[nine months or within such period as may be specified by the Reserve Bank, in consultation with the Government, from time to time] from the date of export. Prov....
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....be the date of invoice covering such export. *************** NOTES:- 1. Substituted vide Notification No. FEMA 23(R)/(3)/2020-RB dated 31-03-2020, w.e.f. 31-03-2020 before it was read as, "nine months" 2. Substituted vide Notification No. FEMA 23(R)/(3)/2020-RB dated 31-03-2020, w.e.f. 31-03-2020 before it was read as, "nine months" 3. Substituted vide Noti....