The Reserve Bank of India issued the Foreign Exchange Management (Export of Goods and Services) (Second Amendment) Regulations, 2025, updating the Foreign Exchange Management (Export of Goods and Services) Regulations, 2015 by lengthening specified time periods referenced in the export framework. The amendments replace the period of “nine months” with “fifteen months” in Regulation 9(1) and Regulation 9(2)(a). They also replace “one year” with “three years” in Regulation 15(1)(i), the proviso to Regulation 15(1), and Regulation 15(2). The changes take effect from the date of publication in the Official Gazette.
Reserve Bank of India 2025-11-13
Reserve Bank of India amends export foreign exchange rules to extend key timelines to fifteen months and three years
The Reserve Bank of India issued the Foreign Exchange Management (Export of Goods and Services) (Second Amendment) Regulations, 2025, extending time periods in the export framework. Key amendments include changing "nine months" to "fifteen months" in Regulation 9 and "one year" to "three years" in Regulation 15. These changes are effective upon publication in the Official Gazette.