Export of Goods and Services – Payment of Claims by ECGC

FEMA – 022 – Dated:- 24-9-2003 – Export of Goods and Services – Payment of Claims by ECGC Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001 A.P.(DIR Series) Circular No.22 September 24, 2003 ToAll Authorised Dealers in Foreign Exchange Madam / Sirs, Export of Goods and Services – Payment of Claims by ECGC Attention of Authorised Dealers is invited to Paragraph C.17 of the annexure to A.P.(DIR Series) Circular No.12 dated September 9, 2000 in terms of which exporter is not absolved of the statutory obligation undertaken by him on the GR/SDF/PP/SOFTEX forms, to realise proceeds of the exports within prescribed period, even if the claim is settled by Export Credit Guarantee Corporation of India Ltd. (ECGC), under th

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