Exports receivable write off

whether any compliance with RBI / FEMA for writing off exports receivable by an service provider being company
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Summary: Exporters can write off unrealized export receivables by self-writing off up to 5–10% of the previous year's realized proceeds, or by seeking approval from their AD Bank for larger amounts. Eligibility requires proof of genuine collection efforts and that the transaction is not under investigation. Ensure you coordinate directly with your AD Bank to submit the required declaration and supporting evidence to update the EDPMS.

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