Export of Goods towards Equity- Procedure

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..... wards equity contribution in a Joint Venture or Wholly Owned Subsidiary outside India shall declare it on GR/SDF/SOFTEX form, as the case may be, which shall be superscribed as "Exports against equity participation in the JV/WOS abroad", and also quoting Identification Number, if already allotted by Reserve Bank. (2) Notwithstanding anything contained in Regulation 11 of the Foreign Exchange Manag .....

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