FOREIGN EXCHANGE MANAGEMENT (EXPORT AND IMPORT OF GOODS AND SERVICES) REGULATIONS, 2026

MUMBAI, India, Jan. 13 -- Reserve Bank of India issued the following notification:

RESERVE BANK OF INDIA

(FOREIGN EXCHANGE DEPARTMENT)

CENTRAL OFFICE

MUMBAI 400 001

Notification No. FEMA 23(R)/2026-RB

January 13, 2026

Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026

In exercise of the powers conferred by Section 7, Section 8, sub-section (6) of Section 10 and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in supersession of the Foreign Exchange Management (Export of Goods & Services) Regulations, 2015 (Notification No. FEMA 23(R)/2015-RB dated January 12, 2016), except in respect of things done or omitted to be done before such supersession, Reserve...