FEMA – 031 – Dated:- 21-4-2006 – Export of Goods and Services – Extension of period of realization RBI/2006/371A.P. (DIR Series) Circular No. 31 April 21, 2006 ToAll Banks Authorised to Deal in Foreign Exchange Madam / Sirs, Export of Goods and Services – Extension of period of realization Attention of Authorised Dealer (AD) banks is invited to AP(DIR Series) Circular No.20 dated January 28, 2002, in terms of which AD banks have been permitted to grant extension of time for realization of export proceeds beyond the prescribed period from the date of export, where invoice value does not exceed US$ 100,000 subject to the conditions prescribed therein. 2. As a measure of further liberalization, it has now been decided to increase the invoice
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =