REVISED SOFTEX FROM / SUMMARY SHEET OF SOFTEX FORM PROCEDURE AS PER FEMA GUIDELINES OF RBI
SEE - http://rbi.org.in/Scripts/NotificationUser.aspx?Mode=0&Id=8411
Date: Sep 13, 2013
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Export of Goods and Services - Simplification and Revision of
Declaration Form for Exports of Goods/Softwares
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RBI/2013-14/254
A.P. (DIR Series) Circular No.43
September 13, 2013
To
All Authorised Dealers
in Foreign Exchange
Madam / Sir,
Export of Goods and
Services-
Simplification and Revision of Declaration Form for Exports of
Goods/Softwares
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.
Yours faithfully,
(C.D.Srinivasan)
Chief General Manage
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