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Export of Jewellery, Indian Currency, Foreign Exchange, Securities, etc.
Taking out of personal Jewellery from India by travellers is regulated under the Baggage Rules framed by the Ministry of Commerce under the Export-Import Policy. Export of currency :'FERA Act prohibits taking or sending out Indian currency notes and coins from India without general or special permission of Reserve bank.
Export of Foreign Exchange:, Export of foreign exchange in any form including currency notes or bank notes, other than foreign exchange obtained from an authorised dealer or authorised money-changer by the person exporting is prohibited unless it is covered by a general or special permission of Reserve Bank.
Despatch of Goods not Involving Foreign Exchange The despatch of certain goods does not involve foreign exchange, for example, Gift parcels. In this case, GRPP form is not appl
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FINANCIAL GUARANTEES: Exporters require adequate financial support from banks to carry out their export contracts; ECGC's guarantees protect the banks from losses on account of th
STAGES OF SHIPMENT : For effecting shipment from ports in India, the exporter, generally through his clearing and forwarding agent, has to comply with procedural formalities of th
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