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Exemption from Declarations – Goods sent for testing abroad subject to re-import – instructions reg

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..... rations – Goods sent for testing abroad subject to re-import – instructions reg. I am directed to state that Reserve Bank of India, vide regulation 4(k) of Notification No.FEMA 36/2001-RB, dated the 27 th February, 2001, waived the requirement of declaration on GR form in respect of goods sent outside India (i) for testing subject to their re-import into India or (ii) repair an .....

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..... eign Exchange Management (Export of Goods and Services) Regulations, 2000 as amended from time to time, namely:- 1. (i) These Regulations may be called the Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2001. (ii) They shall come into force with immediate effect. 2. In the Foreign Exchange Management (Export of G .....

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..... sent outside India for testing subject to re-import into India; (l) defective goods sent outside India for repair and re-import provided the goods are accompanied by a certificate from an authorized dealer in India that the export is for repair and re-import and that the export does not involve any transaction in foreign exchange; (m) exports permitted by the Re .....

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..... numbered as "(1)". (b) after sub-regulation (1) as so numbered, the following sub-regulation shall be inserted, namely:- "(2) (a) Where the export of goods or software has been made by a unit situated in a Special Economic Zone, then notwithstanding anything contained in sub-regulation (1), the amount representing the full export value of goods or software shal .....

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