Reserve bank of India revised and simplifies the softex procedure for export of goods and services. Earlier RBI implemented in 5 centers which is now implement in all the STPIs in India. RBI issued a circular no. 47 dated 23 October 2012 about revised softex procedure for exporting of goods and services. Full circular is as under.
A. P. (DIR Series) Circular No. 47
All Authorised Dealers in Foreign Exchange
Madam / Sir,
Simplification and Revision of Softex Procedure
Chief General Manager