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

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
· Antigua and Barbuda · Argentina · Bahama · Barbados · Belige · Bermuda · Bolivia · Brazil · Chile · Colombia · Costa Rica · Cuba · Cyprus · Dominica · Dominican Republic	· El Salvador · Faeroe Islands · Falkland Islands · French Guiana · Gibraltar · Greenland · Grenada · Guadeloupe(French West Indies) · Guatemala · Guyana · Haiti · Honduras · Jamaica · Malta · Martinique	· Mexico · Montserrat · Netherlands Antilles · Nicaragua · Panama excluding Canal Zone Rep · Paraguay · Peru · St.Lucia · St.Pierre & Miqueion · St.Vincent · Suriname · Trinidad & Tobago · Uruguay