FEMA – 50 – Dated:- 3-6-2008 – RBI/2007-08/354A. P. (DIR Series) Circular No. 50 June 03, 2008 To, All Category – I Authorised Dealer Banks Madam / Sir, Export of Goods and Services- Realisation and Repatriation of Export Proceeds-Liberalisation Attention of Authorised Dealer Category – I (AD Category- I) banks is invited to the provisions of sub-regulation (1) of Regulation 9 of the Notification No.FEMA.23 /2000-RB dated May 3, 2000, as amended from time to time, in terms of which the amount representing the full export value of goods or software exported should be realised and repatriated to India within six months from the date of export. 2. Reserve Bank has been receiving representations from Exporters / Trade bodies to extend the peri
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