FEMA (Exports of Goods and Services) Regulations

Foreign Exchange Management (Exports of Goods and Services) Regulations, 2015

The RBI has vide Circular dt 12 May 2016 has notified amended FEMA Regulations relating to Export of Goods and Services, as under:

RBI/2015-16/395 A.P. (DIR Series) Circular No.68 [(1)/23(R)] May 12, 2016

Attention of Authorised Dealers (ADs) is invited to A.D.(M.A. Series) Circular No. 11 dated May 16, 2000 in terms of which ADs were advised of various Rules, Regulations, Notifications/ Directions issued under the Foreign Exchange Management Act, 1999 (hereinafter referred to as the Act). On a review it is felt necessary to revise the regulations issued under the Foreign Exchange Management (Exports of Goods and Services) Regulations, 2000 as amended from time to time. Accordingly, in consultation with the Government of India, the said regulations have been repealed and superseded by the Foreign Exchange Management (Exports of Goods and Services) Regulations, 2015… Contd….

RBI Circular No.68 dt. May 12, 2016 FEMA (Exports of Goods and Services) Regulations

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