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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

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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

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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