Realisation and repatriation of foreign exchange [ Section 8 ]

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....India, • such person shall take all reasonable steps to realise and repatriate to India such foreign exchange within such period and in such manner as may be specified by the Reserve Bank. • Statutory provisions are contained in Regulation of  Foreign Exchange Management  (Realisation, Repatriation and Surrender of Foreign Exchange) Regulations, 2015; ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ms of such obligations, exporters are required to take all reasonable steps to realise and repatriate the export proceeds within the prescribed period and in such manner as may be specified by the reserve bank. • Regulation of Foreign Exchange Management (Realisation, Repatriation and Surrender of Foreign Exchange) Regulations, 2015 prescribe the manner of  realisation ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....oreign Exchange Management (Export of Goods and Services) Regulations, 2015 specify respectively, the manner of payment of export value of goods and the period within which the export value of goods/services is to be realised. In terms of the Regulation 13 of the said Regulation, expect with the permission of the Reserve Bank or subject to the directions of the Reserve Bank or permission of a....