Laws 4 India - Foregn Exchange Management Manual (EXPORT OF GOODS, SOFTWARE ETC.)

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by K. K. Ramani & N. C. Jain

Foreign Exchange Management Manual

EXPORT OF GOODS, SOFTWARE ETC.

PART A - GENERAL
6A.1	Trade and Exchange Control
6A.2	Exemptions from Declaration
6A.3	Numbering of forms
6A.4	Manner of Payment
6A.4A	Period for realisation of Export Value
6A.5	Guarantees against Exports
6A.6(i)	Foreign Currency Accounts
(ii)	Diamond Dollar Account
6A.7	Counter – trade Arrangement
6A.8	Export of goods on lease, hire, etc.
6A.9	Participation in Trade Fairs Abroad
6A.10	Project Exports and Service Exports
6A.11	Export on Elongated Credit Terms
6A.12	Forfaiting
PART B – GR / PP / SOFTEX PROCEDURE
6B.1	Disposal of Copies of Export Declaration Forms
6B.2	Counter signature on PP forms
6B.3A	Terms of Payment – Invoicing – (Software)
6B.3B	Disposal of SOFTEX forms
6B.4	Shut out Shipments and Short Shipments
6B.5	Consolidation of Air Cargo
6B.6	Exports by Barges/Country Craft/Road Transport
PART C – AUTHORISED DEALER’S OBLIGATION
6C.1	Delay in Submission of Shipping Documents by Exporters
6C.2	Check –list for Scrutiny of Forms
6C.3	Trade Discount
6C.4	Advance Payments against Exports
6C.5	Part Drawings
6C.6	Consignment Exports
6C.7	Despatch of Shipping Documents
6C.8	Bill of Lading to Master of Vessel/Trade Representative
6C.9	Export Bills Register
6C.10	Follow-up of Overdue Bills
6C.11	Reduction in Invoice Value on account of Prepayment of Usance Bills
6C.12	Reduction in Value
6C.13	Export Claims
6C.14	Change of Buyer / Consignee
6C.15	Extension of Time Limit
6C.16	Shipment Lost in Transit
6C.17	Payment of Claims by ECGC
6C.18	Write off of unrealised Export Bills
6C.19	Return of Documents to Exporters
6C.20	Exporters Caution List
PART D – REMITTANCES CONNECTED WITH EXPORT
6D.1	Agency Commission on Exports
6D.2	Refund of Export Proceeds

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