Export of Goods and Services – Realization and Repatriation period for units in Special Economic Zones (SEZ)

FEMA – 108 – Dated:- 11-6-2013 – RBI/2012-13/527 A.P. (DIR Series) Circular No. 108 June 11, 2013 To, All Category – I Authorised Dealer Banks Madam / Sir, Export of Goods and Services- Realization and Repatriation period for units in Special Economic Zones (SEZ) Attention of Authorized Dealer banks is invited to A. P. (DIR Series) Circular No. 91 dated April 1, 2003. In terms of provisions of Para A of the said circular, time limit for realization and repatriation of export proceeds, for the exports made by units in Special Economic Zones (SEZs), was done away with. 2. It has now been decided that the units located in SEZs shall realize and repatriate, full value of goods/software/services, to India within a period of twelve months from t

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