TIOL-DDT 2126 · Thursday, 13 June 2013 · story 5 of 6
Export of Goods & Services by SEZ - Realization & Repatriation period
By Vijay Kumar
THE Reserve Bank of India has decided that the units located in SEZs shall realize and repatriate, full value of goods/software/services, to India within a period of twelve months (earlier there was no time limit) from the date of export . Any extension of time beyond the above stipulated period may be granted by Reserve Bank of India, on case to case basis.