New Exchange Control Form EDF must for All
Goods Export from 1 Oct
·
EDF Replaces GR/PP Procedure
·
EDF Download from RBI Website Attested
by Customs and Submission to Bank
[RBI Circular No. 43 dated 13th
September 2013]
Sub: Export of Goods and Services- Simplification and
Revision of Declaration Form for Exports of Goods/Softwares
Attention of the Authorised Dealers is invited to
Regulation 6 of the Notification No. FEMA 23/2000-RB dated May 3, 2000 viz.
Foreign Exchange Management (Export of Goods and Services) Regulations, 2000,
as amended by the Notification No.FEMA 36/2001-RB
dated February 27, 2001 and A.P. (DIR Series) Circular No. 80 dated February
15, 2012 ,in terms of which every exporter of goods or
softwares has to give declaration in one of the forms
(GR/PP/SDF/SOFTEX/Bulk SOFTEX) and submit it to the specified authority for
certification.
2. In order to
simplify the existing form used for declaration of exports of Goods/Softwares, a common form called “Export Declaration Form”
(EDF) has been devised to declare all types of export of goods from Non-EDI ports
and a common “SOFTEX Form” to declare single as well as bulk software exports.
The EDF will replace the existing GR/PP form used for declaration of export of
Goods. The procedure relating to the exports of goods through EDI ports will
remain the same and SDF form will be applicable as hitherto. The EDF and SOFTEX
form have been given in Annex I and Annex II respectively.
3. Under the
revised procedure, the exporters will have to declare all the export
transactions, including those less than US$25000, in the form as
applicable.
4. Reserve Bank
of India will be extending the facilities to exporters for online generation of
SOFTEX Form No. (Single as well as Bulk) for use in Off-Site
Software exports, in addition to EDF Form No. (Present web-based process
of generation of GR Form No. gets replaced) through its website www.rbi.org.in.
In order to generate the above number, the applicant has to fill-in the online
form (Path www.rbi.org.in – Forms – FEMA Forms – Printing EDF/SOFTEX Form No.),
thereafter, the related EDF/SOFTEX Form No. would be generated for each
transaction by the applicant exporter. The specimen of online form and the
advice are given in Annex III. The present facility of manual allotment of
single as well bulk SOFTEX form number by Regional Offices of RBI would be
dispensed with accordingly.
5. The Foreign
Exchange Management Act (FEMA) requires exporters to complete the EDF/SOFTEX
Form using the number so allotted and submit them to the specified authority
first for certification and then to AD for necessary action as hitherto.
6. The above
instruction will come into force from October 1, 2013. Authorised
Dealers may bring the contents of this circular to the notice of their
constituents concerned.
7. The
directions contained in this circular have been issued under Section 10(4) and
Section 11(1) of the FEMA, 1999 (42 of 1999) and are without prejudice to
permissions / approvals, if any, required under any other law.