Export of Goods and Services

FEMA – 005 – Dated:- 27-8-2001 – Export of Goods and Services RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001 A.P. (DIR Series) Circular No.5 August 27, 2001 To All Authorised Dealers in Foreign Exchange Dear Sirs, Export of Goods and Services Attention of all authorised dealers is invited to the second proviso to Regulation 9 of the Reserve Bank Notification No. FEMA 23/2000-RB dated May 3, 2000, empowering Reserve Bank to extend the period of six months within which the amount representing full export value of goods or software export shall be realized and repatriated to India. 2. It has been decided, as a temporary measure, to allow a period of 360 days ( in place of existing six months), from the date of sh

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