Query as to Export Receivables

Dear friends,

 

Could anyone of you please tell me what's the time-limit for realization of export proceeds by EOUs and what are the guidelines for overdue export receivables??

 

 

Please help me out.

 

 

 

 

Thanks

Replies (3)

Hi,

The limit for realisation is extended upto 12 months for EOU and the other guidelines you can see here

https://www.eouindia.gov.in/rbi11.htm

Originally posted by :CA.Srinivasan N
" Hi,
The limit for realisation is extended upto 12 months for EOU and the other guidelines you can see here
https://www.eouindia.gov.in/rbi11.htm
"


 

Dear Srinivasan Sir,

 

Thanks a lot  for your reply.

Could you please also tell me by which circular the above period was extended??

 

 

Thank you.

Hi
Please refer the Master Circular from RBI dated July 1 , 2008
you can see the point A.3 in this link
https://rbidocs.rbi.org.in/rdocs/notification/PDFs/85352.pdf

For further queries contact at srini.ca @ gmail.com

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