The Directorate General of Foreign Trade vide its notification dated 6th August 2021 has extended the last date of exports/replenishment/imports/drawal of precious metal expiring between February 01, 2021 and June 30, 2021 by six months under Hand Book of Procedure 2015-2020.
A new para 4.85B has been inserted in the Hand Book of Procedure 2015-2020 which states that the last date for exports/replenishment/imports/drawal of precious metal as calculated under various sub paras of Paras 4.82, 4.83, 4.84 of Handbook of Procedure, 2015-20 expires between February 01, 2021 and June 30, 2021, such last date stands extended by six months. However, relaxation in the period for repatriation/forex realisation would be equal to the period as allowed plus six months or as per RBI guidelines, whichever is less.”
