PARA 3.7.2.1
- Document type
- Policy
- Dated
Special Strategic Package for Status Holders
PARA 3.7.2.1
The status holders shall be eligible for the following new/ special facilities:
The status holders shall be eligible for the following new/ special facilities:
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i) Licence/certificate/permissions and Customs clearances for both imports and exports on self-declaration basis.
ii) Fixation of Input-Output norms on priority;
iii) Priority Finance for medium and long term capital requirement as per conditions notified by RBI;
iv) Exemption from compulsory negotiation of documents through banks. The remittance, however, would continue to be received through banking channels;
v) 100% retention of foreign exchange in EEFC account;
vi) Enhancement in normal repatriation period from 180 days to 360 days.