08 September 2010
Dear ashish, G R / SDF / SOFTEX Form under FEMA - Reserve Bank of India has prescribed GR / SDF form under FEMA. “G R” stands for ‘Guaranteed Receipt’ form, and
(1& 2) while SDF stands for 'Statutory Declaration Form’). As per rule 6(1a) of Foreign Exchange Regulation Act, 1973: SDF form is to be used where shipping bills are processed electronically in customs house, while GR form is used when shipping bills are processed manually in customs house. (3) documents required for export - Exporter also has to prepare other documents ans submit at the time of BRC manage like (a) Four copies of Commercial Invoice (b) Four copies of Packing List (c) Certificate of Origin or pre-shipment inspection where required (d) Insurance policy. (e) Letter of Credit (f) Declaration of Value (g) Excise ARE-1/ARE-2 form as applicable (h) GR / SDF form prescribed by RBI in duplicate (i) Letter showing BIN Number. For more info: go to http://rbidocs.rbi.org.in/rdocs/content/PDFs/78479.pdf
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