Presently, exporters were permitted to realise and repatriate the full value of goods or software exported up to 31st March, 2013 within twelve months from the date of export.
This circular provides that exporters are required to realise and repatriate the full value of goods or software exported up to 30th September, 2013 within nine months from the date of export. However, there are no changes in the provisions with respect to period of realisation and repatriation of the full export value of goods or software exported by a unit situated in a Special Economic Zone (SEZ) as well as exports made to warehouses established outside India.