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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 applicable to exports by air freight and post parcel. Authorise dealers should certify that the exports do not involve any transaction in foreign exchange.

This can be done in following cases:

i) Export is made by post parcel or air-freight

ii) Authorised dealer is satisfied that the export does not involve any transaction in foreign exchange and

iii) the value of shipment does not exceed Rs.25,000

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Marketing Management, Management Studies

Category:- Marketing Management
Reference No.:- M9620324

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