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What is GR form why we use it and what is the step of GR
FORM by various department as some little knoledge of me it
is used by custom for wher the FERA is applicate. But I
dont now where FERA is applicatble
thanks
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Answer Posted / sunil maggu
gr is the guanteed remitence of export which an exporter have to done for all shipments .in this exchange control copy.invoice and packing list have to submit to RBI and Custom department.they check that all payment have been come to exporter accont or not.if all payment is not recieved then FERA is applied on exporter .
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