Export of Goods and Services
036\/2001 Dated:- 27-2-2001 Foreign Exchange Management
FEMA
Foreign Exchange Management Act
FEMA
Export of Goods and Services
\nRESERVE BANK OF INDIA
\n(EXCHANGE CONTROL DEPARTMENT)
\nCENTRAL OFFICE
\nMUMBAI 400 001
\nNotification No. FEMA 36 \/2001-RB. Dated February 27, 2001
\nPublished in the Official Gazette of Government of India – Extraordinary – Part-II, Section 3, Sub-Section (i) dated 21.03.2001 – G.S.R. No.199(E)
\nIn exercise of the powers conferred by clause (a) of sub-section (1) and sub-section (3) of Section, 7, sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No. FEMA 23\/2000-RB dated 3rd May 2000, Reserve <\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ted, namely:- = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n egulation (I) as so numbered, the following sub-regulation shall be inserted, namely:- = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Export of Goods and Services036\/2001 Dated:- 27-2-2001 Foreign Exchange ManagementFEMAForeign Exchange Management ActFEMAExport of Goods and Services RESERVE BANK OF INDIA (EXCHANGE CONTROL DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No. FEMA 36 \/2001-RB. Dated February 27, 2001 Published in the Official Gazette of Government of India – Extraordinary – Part-II, Section 3, Sub-Section (i) … Continue reading “Export of Goods and Services”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-303","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=303"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/303\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n'(ia) goods listed at items (1), (2) and (3) of clause (i) to be re-exported by units in Special Economic Zones, under intimation to the Development Commissioner of Special Economic Zones \/ concerned Assistant Commissioner or Deputy Commissioner of Customs,'
\n(c) after clause (j), the following clauses shall be inserted, namely:-
\n'(k) goods sent outside India for testing subject to re-import into India;
\n(l) defective goods sent outside India for repair and re-import provided the foods are accompanied by a certificate from an authorised dealer in India that the export is for repair and re-import and that the export does not involve any transaction in foreign exchange.
\n(m) exports permitted by the Reserve Bank, on applicatio<\/p>\n
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\n'(2) (a) Where the export of goods or software has been made by a unit situated in a Special Economic Zone, then notwithstanding anything contained in sub-regulation (I), the amount representing the full export value of goods or software shall be realised and repatriated to India within twelve months from the date of export.
\nProvided that the Reserve Bank may for a sufficient and reasonable cause shown, extend the said period of twelve months.
\n(b) The Reserve Bank may for reasonable and sufficient cause direct that the unit shall cease to be governed by sub-regulation (2);
\nProvided that no such direction shall be given unless the unit has been given a<\/p>\n
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