Foreign Exchange Management Act, 1999 – Export of Goods and Services

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..... Foreign Exchange Management Act, 1999 - Export of Goods and Services Attention of authorised dealers is invited to paragraph C.10 of the Annexure to A.P. (DIR Series) Circular No.12 dated September 9, 2000, in terms of which authorised dealers have been advised to watch closely realisation of export bills and in cases where bills remain outstanding beyond the due date for payment or 6 months fr .....

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..... ised dealers should send a statement in Form XOS containing the details of all export bills outstanding beyond six months from the date of shipment irrespective of the location of the exporter/unit. In case of units located in Special Economic Zones (SEZs), authorised dealers should indicate "SEZ" in the remarks column of XOSstatement. 3. Authorised dealers may being the contents of this circu .....

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