Module: General Practice
Q24: Scenario: An Indian Status Holder Exporter exported goods worth USD 1 Million on January 1, 2026. Under the new regulatory framework (post-Nov 2025), what is the latest date by which he must realize and repatriate the full value of the export to avoid contravention, assuming no specific extension is sought?
✅ Correct Answer: C
Application of the 15-Month Rule: Old Rule: 9 Months.
New Rule (Nov 2025): The realization period has been extended to 15 months from the date of export for all exporters (including SEZs, Status Holders, etc.). Calculation: Date of Export: Jan 1, 2026.
15 Months = March 31, 2027 (approx/exact month calculation). Therefore, the exporter has until March/April 2027 to bring the money back.
New Rule (Nov 2025): The realization period has been extended to 15 months from the date of export for all exporters (including SEZs, Status Holders, etc.). Calculation: Date of Export: Jan 1, 2026.
15 Months = March 31, 2027 (approx/exact month calculation). Therefore, the exporter has until March/April 2027 to bring the money back.