The Foreign Exchange Regulation Rules, 1974 prescribe export declaration forms called Exchange Control Declaration (GR) form, hereafter referred to as GR form, PP and VP/COD forms. All exports to which the requirement of declaration applies must be declared on appropriate forms as indicated below:
(a) | Exchange Control Declaration (GR) Form
| : | Exports to all countries made otherwise than by post. |
(b) | PP Form | : | Exports to all countries by parcel post, except when made on value payable or cash on delivery basis.
|
(c) | VP/COD Form | : | Exports to all countries by parcel post, under arrangements to realise proceeds through postal channels on
|
|
NOTE: Export declarations are to be made in a set of two copies (original and duplicate) of GR or PP form. VP/COD forms are to be submitted in a single copy.