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Export of Goods and Services
A.P. (DIR Series) Circular No.12 (Aug 20, 2003)

Reserve Bank of India
Exchange Control Department
Central Office
Mumbai – 400 001

A.P. (DIR Series) Circular No.12

August 20, 2003

To
All Authorised Dealers in Foreign Exchange

Madam/Sirs,

Export of Goods and Services

Attention of authorised dealers is invited to A.P.(DIR Series) Circular No.12 dated August 28, 2002, in terms of which the facility for realisation and repatriation of full value of goods/software exported to the countries included in the list annexed to the above circular was extended for a period of one year from September 1, 2002. On a review, it has been decided to extend the above facility for a further period of one year with effect from September 1, 2003 to August 31, 2004, subject to review, for export of goods/software to the countries included in the list annexed.

2. Authorised Dealers may bring the contents of this circular to the notice of their constituents concerned.

3. The directions contained in this circular have been issued under Section 10(4) and Section11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999).

Yours faithfully,

Grace Koshie
Chief General Manager

Annexure

[A.P.(DIR Series) Circular No.12
dated August 20, 2003]

List of Countries

    1. Antigua and Barbuda
    2. Argentina
    3. Bahama
    4. Barbados
    5. Belige
    6. Bermuda
    7. Bolivia
    8. Brazil
    9. Chile
    10. Colombia
    11. Costa Rica
    12. Cuba
    13. Cyprus
    14. Dominica
    15. Dominican Republic
    16. El Salvador
    17. Faeroe Islands
    18. Falkland Islands
    19. French Guiana
    20. Gibraltar
    21. Greenland
    22. Grenada
    23. Guadeloupe(French West Indies)
    24. Guatemala
    25. Guyana
    26. Haiti
    27. Honduras
    28. Jamaica
    29. Malta
    30. Martinique
    31. Mexico
    32. Montserrat
    33. Netherlands Antilles
    34. Nicaragua
    35. Panama excluding Canal Zone Rep
    36. Paraguay
    37. Peru
    38. St.Lucia
    39. St.Pierre & Miqueion
    40. St.Vincent
    41. Suriname
    42. Trinidad & Tobago
    43. Uruguay

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