Subscribe to BCA Journal Know More

October 2013

A. P. (DIR Series) Circular No. 43 dated 13th September, 2013

By Gaurang Gandhi, Chartered Accountant
Reading Time 2 mins
fiogf49gjkf0d
Export of Goods and Services–Simplification and Revision of Declaration Form for Exports of Goods/ Software

Presently, every exporter of goods or software has to give declaration in one of the forms (GR/PP/SDF/ SOFTEX/Bulk SOFTEX) and submit the same to the specified authority for certification.

This circular prescribes a common form called “Export Declaration Form” (EDF) for declaring all types of export of goods from Non-EDI ports and a common “SOFTEX Form” to declare single as well as bulk software exports. The EDF will replace the existing GR/PP form used for declaration of export of goods and as to be used on and from 1st October, 2013. Further, all exporters will have to declare all the export transactions, including those less than $25000, in the applicable form. The procedure relating to the exports of goods through EDI ports will remain the same and SDF form will be applicable as hitherto. The EDF and SOFTEX form have been given in Annex I and Annex II respectively. RBI will extend facilities to exporters for online generation of SOFTEX Form No. (Single as well as Bulk) for use in offsite software exports, in addition to EDF Form No. (Present web-based process of generation of GR Form No. gets replaced) through its website www.rbi.org.in. The specimen of online form and the advice are given in Annex III. Exporters have to complete the EDF/SOFTEX Form using the number so allotted and submit them to the specified authority first for certification and then to AD for necessary action as hitherto.

You May Also Like