The Reserve Bank of India has amended the Foreign Exchange Management rules on export of goods and services to reduce the period specified in Regulation 9 from fifteen months to nine months. The change applies to both sub-regulation 9(1) and clause (a) of sub-regulation 9(2) of the existing framework. The amendment updates the 2015 Foreign Exchange Management (Export of Goods and Services) Regulations. It comes into force from the date of its publication in the Official Gazette.
Reserve Bank of India2026-06-05
Reserve Bank of India shortens the period under export of goods and services rules from fifteen months to nine months
The Reserve Bank of India has amended the 2015 Foreign Exchange Management (Export of Goods and Services) Regulations to shorten the period specified in Regulation 9 for export-related obligations from fifteen months to nine months. The change applies to sub-regulation 9(1) and clause (a) of sub-regulation 9(2) and takes effect upon publication in the Official Gazette.