Export of Goods and Services - FEMA - 012

Export of Goods and Services Reserve Bank of India Exchange Control Department Central Office Mumbai - 400 001 A.P. (DIR Series) Circular No.12 August 20, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Export of Goods and Services Attention of authorised dealers is invited to A.P.(DIR Series) Circular No.12 dated August 28, 2002, in terms of which the facility for realisation and repatriation of full value of goods/software exported to the countries included in the list annexed to the above circular was extended for a period of one year from September 1, 2002. On a review, it has been decided to extend the above facility for a further period of one year with effect from September 1, 2003 to August 31, 2004, subject to review, for export of goods/software to the countries included in the list annexed. 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 Section11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999). Yours faithfully, Grace Koshie Chief General Manager Annexure [A.P.(DIR Series) Circular No.12 dated August 20, 2003] List of Countries 1. Antigua and Barbuda 2. Argentina 3. Bahama 4. Barbados 5. Belige 6. Bermuda 7. Bolivia 8. Brazil 9. Chile 10. Colombia 11. Costa Rica 12. Cuba 13. Cyprus 14. Dominica 15. Dominican Republic 16. El Salvador 17. Faeroe Islands 18. Falkland Islands 19. French Guiana 20. Gibraltar 21. Greenland 22. Grenada 23. Guadeloupe(French West Indies) 24. Guatemala 25. Guyana 26. Haiti 27. 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. St.Pierre Miqueion 40. St.Vincent 41. Suriname 42. Trinidad Tobago 43. Uruguay