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Export on credit
Not sure, but I heard that RBI has set guidelines not to export goods from India on credit. Is it true?And if this is true, does it hold good to deemed exports to 100 EOU’s as well? Any links to articles on this will be helpful.
Replies (3)
Can you specify the notification ?
Presently .. 100% EOUs are into deemed exports. . These would include both .. on cash+credit
u can export the goods on credit but repatriate the funds within 6mnth
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