Realization of Export Goods

18/12/2009 23:53

 Maximum time for realization of export goods is 6 months from date of shipment. 

For Status House like Export House, Trading House, it is 12 months. 

If bill is not realized with in time, exporters apply to Authorised Dealer for extension of time limit in ETX form. 

Overdue bills are reported to RBI by Authorised Dealer on a half-yearly XOS statement.