Foreign Exchange Management (Export of Goods & Services) (Amendment) Regulations, 2003

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..... No.FEMA.99/2003-RB dated August 27, 2003 Published in the Official Gazette of Government of India - Extraordinary - Part-II, Section 3, Sub-Section (i) dated 29.09.2003 - G.S.R. No. 773(E) In exercise of the powers conferred by clause (a) of sub-section (1), sub-section (3) of Section 7 and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and i .....

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..... d as under, namely :. 'Provided that where the goods or software are exported by the units in Special Economic Zones, the stipulation of period of realisation and repatriation to India of full export value of goods or software shall not apply'. (ii) In sub-regulation (2), in clause (a), the words, 'by a unit situated in a Special Economic Zone or' may be deleted. (iii) In sub-regulation (2), .....

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