| Date: |
28-08-2002
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| Notification No: |
RBI A P D (Series)Circular No 12/2002
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| Issuing Authority: |
RBI
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| Type: |
A.P.D.(Series) Circulars
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| File No: |
|
| Subject: |
Export of Goods and Services
|
|
Export of Goods and Services
A.P.
(DIR Series) Circular No. 12 dated 28th August 2002
Attention
of all authorised dealers is invited to A.P. (DIR Series) Circular No. 5 dated
August 27, 2001 in terms of which a period of 360 days from the date of shipment
was allowed as a temporary measure from September 1, 2001 for realisation and
repatriation of full value of goods/software exported to the countries included
in the list annexed to the above circular. On a review, it has been decided to
extend the facility for a further period of one year with effect from September
1, 2002 for export of goods/software to the countries included in the list
annexed. Accordingly, from September 1, 2003, the exporters will be under
obligation to realise full export proceeds within the prescribed period of six
months from the date of export.
2.
Authorised Dealers may bring the contents of this circular to the notice
of their constituents concerned.
3.
The directions contained in this circular have been issued under Section
10 (4) and Section 11 (1) of the Foreign Exchange Management Act, 1999 (42 of
1999).
Annexure
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1
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Antigua
|
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2
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Argentina
|
|
3
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Bahama
|
|
4
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Barbados
|
|
5
|
Belige
|
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6
|
Bermuda
|
|
7
|
Bolivia
|
|
8
|
Brazil
|
|
9
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Chile
|
|
10
|
Colombia
|
|
11
|
Costa
Rica
|
|
12
|
Cuba
|
|
13
|
Cyprus
|
|
14
|
Dominica
|
|
15
|
Dominican
rep
|
|
16
|
El
Salvador
|
|
17
|
Faeroe
Is
|
|
18
|
Folkland
Is
|
|
19
|
French
Guiana
|
|
20
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Gibraltar
|
|
21
|
Greenland
|
|
22
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Grenada
|
|
23
|
Guadeloupe
(French West Indies)
|
|
24
|
Guatemala
|
|
25
|
Guyana
|
|
26
|
Haiti
|
|
27
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Honduras
|
|
28
|
Jamaica
|
|
29
|
Malta
|
|
30
|
Martinique
|
|
31
|
Mexico
|
|
32
|
Montserrat
|
|
33
|
Netherlands
Antilles
|
|
34
|
Nicaragua
|
|
35
|
Panama
excluding Canal Zone rep
|
|
36
|
Paraguay
|
|
37
|
Peru
|
|
38
|
St.Lucia
|
|
39
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St.Pierre
& Miqueion
|
|
40
|
St.Vincent
|
|
41
|
Surinam
|
|
42
|
Trinidad
& Tobago
|
|
43
|
Uruguay
|
|
|
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