Payment for export in certain cases

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..... y: (i) in the form of a bank draft, cheque, pay order, foreign currency notes/travellers cheque from a buyer during his visit to India, provided the foreign currency so received is surrendered within the specified period to the authorised dealer of which the exporter is a customer ; (ii) by debit to FCNR/NRE account maintained by the buyer with an authorised dealer or an authorised bank in India ; .....

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..... ported by Gem Jewellery units in Special Economic Zones and Export Oriented Units on the condition that the sale contract provides for the same and the value is declared in the relevant GR/SDF/PP forms. ************************* Note : 1. Added vide Notification No. 098/2003 dated 27/8/2003 2. Substituted vide NOTIFICATION No. FEMA 300/2014-RB , dated 28th March, 2014 w.e.f. 13th day of March 2014 .....

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