Period within which Export value of Goods/Software/ Services to be Realised

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ing the full export value of goods / software/ services exported shall be realised and repatriated to India within ^1[^8[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....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....tware Technology Parks (STPs) and Bio-Technology Parks (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[^9[nine months] or within such period as may be specified by the Reserve Bank, in consultation with the Go....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....the export of software in other than physical form, shall be deemed to 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 31-03-202....