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Delay in Receipt of Payment

Regulation 14 - Regulation - FEMA - Regulation 14 - 14. :- Where in relation to goods or software export of which is required to be declared on the specified form and export of services, in respect of which no declaration forms has been made applicable, the specified period has expired and the payment therefor has not been made as aforesaid, the Reserve Bank may give to any person who has sold the goods or software or who is entitled to sell the goods or software or procure the sale thereof, suc .....

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