1. This document is a declaration under the Foreign Exchange Regulation Act of 1973 regarding the export of goods.
2. The declarer states that the value contracted with the buyer is the same as the full export value declared in the shipping bill, or if the value is not ascertainable at export time, they estimate what value they expect to receive overseas.
3. The declarer undertakes to deliver the foreign exchange representing the full export value of the goods to the named bank within 6 months as prescribed by the rules.
1. This document is a declaration under the Foreign Exchange Regulation Act of 1973 regarding the export of goods.
2. The declarer states that the value contracted with the buyer is the same as the full export value declared in the shipping bill, or if the value is not ascertainable at export time, they estimate what value they expect to receive overseas.
3. The declarer undertakes to deliver the foreign exchange representing the full export value of the goods to the named bank within 6 months as prescribed by the rules.
1. This document is a declaration under the Foreign Exchange Regulation Act of 1973 regarding the export of goods.
2. The declarer states that the value contracted with the buyer is the same as the full export value declared in the shipping bill, or if the value is not ascertainable at export time, they estimate what value they expect to receive overseas.
3. The declarer undertakes to deliver the foreign exchange representing the full export value of the goods to the named bank within 6 months as prescribed by the rules.
Declaration under Foreign Exchange Regulation Act, 1973. 1. I / We hereby declare that I / We a / are the !eller / "on#ignor o$ the good# in Re#%ect o$ &hich the declaration i# ade again#t the %articular# gi'en in the Shipping Bill No (((((((((((dated((((((( are true and that) *a+ ,he 'alue a# contracted &ith the buyer i# the #ae a# the $ull ex%ort 'alue declared in the abo'e #hi%%ing bill#. *b+ ,he $ull ex%ort 'alue o$ the good# i# not a#certainable at the tie o$ ex%ort and that the 'alue declared i# that &hich I/ We, ha'ing regard ,o the %re'ailing ar-et condition#, ex%ect to recei'e on the #ale o$ good# in the o'er#ea# ar-et. .. I / We underta-e that I / We &ill deli'er to the ban- naed herein the $oreign exchange re%re#enting the $ull ex%ort 'alue o$ the good# on or be$ore 6 Months in the anner %re#cribed in Rule 9 o$ the Foreign Exchange Regulation Rule.197/. 3. I /We are $urther declaring that I / We a/are re#ident in India and I / &e ha'e a %lace o$ bu#ine## in India. /. I / We are / are 0R are / are not in "aution 1i#t o$ the Re#er'e 2an- o$ India. Date: For (Authorized Signatory)
A Simple Guide for Drafting of Conveyances in India : Forms of Conveyances and Instruments executed in the Indian sub-continent along with Notes and Tips
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