IICCI_Communications

Apr 9, 20201 min

RBI's Relaxation on Realisation and Repatriation of Export Proceeds

The Government of India, as well as the Reserve Bank, has been receiving representations from Exporters Trade bodies to extend the period of realisation of export proceeds in view of the outbreak of pandemic COVID- 19. It has, therefore, been decided, in consultation with the Government of India, to increase the present period of realization and repatriation

The official document can be read here

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