Ad Free CAclubindia and Daily Updates on your Mobile. Subscribe Now!

Query as to Export Receivables

Dhanraj (CA Final) (561 Points)

14 June 2009

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

Reply
Follow
Share

3 Replies

CA CS CMA Srinivasan N (ACA, ACS, CWA Inter) (1172 Points)
Replied 15 June 2009

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

Upgrade to CAclubindia Pro. Subscribe Now!

Dhanraj (CA Final) (561 Points)
Replied 15 June 2009

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.

CA CS CMA Srinivasan N (ACA, ACS, CWA Inter) (1172 Points)
Replied 16 June 2009

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