Export of Goods and Services - Realization and Repatriation period for units in Special Economic Zones (SEZ)

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..... conomic Zones (SEZ) Attention of Authorized Dealer banks is invited to A. P. (DIR Series) Circular No. 91 dated April 1, 2003 . In terms of provisions of Para A of the said circular, time limit for realization and repatriation of export proceeds, for the exports made by units in Special Economic Zones (SEZs), was done away with. 2. It has now been decided that the units located in SEZs shall .....

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..... . 6. The directions contained in this circular, have been issued under Section 10(4) and 11(1) of Foreign Exchange Management Act, 1999 (42 of 1999) and without prejudice to permissions / approvals, if any, required under any other law. Yours faithfully, (C. D. Srinivasan) Chief General Manager - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Mana .....

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