Export of Goods and Services – Facilities to Status Holder Exporters
035/2002 Dated:- 1-4-2002 Circular
FEMA
Superseded vide A.P. (DIR Series) Circular No. 20 dated 16-01-2026 w.e.f. 01-10-2026
Export of Goods and Services – Facilities to Status Holder Exporters
RESERVE BANK OF INDIA
EXCHANGE CONTROL DEPARTMENT
CENTRAL OFFICE
MUMBAI 400 001
A.P.(DIR Series) Circular No.35
April 01, 2002
To
All Authorised Dealers in Foreign Exchange
Madam /Sirs,
Export of Goods and Services – Facilities to Status Holder Exporters
Attention of authorised dealers is invited to A.P. (DIR Series) Circular No. 12 dated September 9, 2000, containing directions regarding Export of Goods and Services.
2. With a vi
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side India subject to the conditions that (a) the export proceeds are repatriated through the authorised dealer named in the GR form and (b) the duplicate copy of the GR Form is submitted to the authorised dealer for monitoring purposes, by the exporters within 21 days from the date of shipment of export,
ii. Enhancement in normal period for realisation of export proceeds –
In terms of the second proviso made to Regulation 9 of Notification No.FEMA 23/2000-RB dated May 3, 2000,the Reserve Bank has been empowered to extend the period of six months for realisation and repatriation of export proceeds to India. It has now been decided that the exporters with proven track record who have been certified as “Status Holder” in terms of the EX
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