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FEMA - Highlights / Catch Notes

Home Highlights November 2012 Year 2012 This

Export of Goods and Software – Realisation and Repatriation of ...

FEMA

November 20, 2012

Export of Goods and Software – Realisation and Repatriation of export proceeds – Liberalisation - Circular

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  1. Export of Goods and Software – Realisation and Repatriation of export proceeds – Liberalisation . - Cir. No. 40 Dated: November 1, 2011

  2. Relaxation of Realisation and Repatriation of exports proceeds extended from September 30, 2011 to September 30, 2012

  3. Recovery of Duty drawback - period for realization of export proceeds - The High court acknowledges the prima facie evidence provided by the petitioner, indicating...

  4. Clarification regarding Duty Drawback allowed in cases of short realization of export proceeds due to bank charges deducted by foreign banks

  5. Clarification regarding duty drawback allowed in cases of short realisation of export proceeds due to bank charges deducted by foreign banks

  6. Deduction under s.10A of the Act cannot be denied where the extended parameters for realization of export proceeds as set out by the competent authority has been duly met.

  7. Recovery of Duty drawback - realisation of export proceeds within the period stipulate - matter remanded back to verify the receipt of foreign exchange within period as...

  8. Rebate / refund claim on export of goods - non-realization of foreign exchange - exporter has not submitted (BRCs) in respect of export clearances, even after lapse of...

  9. Refund of Customs duties paid at the time of assessment - goods short shipped - Since the goods under question were not exported, there is no relevance in bringing into...

  10. Period within which export value of goods/software/ services to be realised - Regulation 9 of the Foreign Exchange Management (Export of Goods and Services) Regulations,...

 

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