Exemption for Nepal and Bhutan currency: foreign exchange regulations do not apply to that currency under these rules. An express exemption excludes currency of Nepal and Bhutan from the application of the Exchange Management (Realisation, Repatriation and Surrender of ... Summary
Exemption for Nepal and Bhutan currency: foreign exchange regulations do not apply to that currency under these rules.
An express exemption excludes currency of Nepal and Bhutan from the application of the Exchange Management (Realisation, Repatriation and Surrender of Foreign Exchange) Regulations, so that transactions and holdings in those currencies are not governed by the Regulations' requirements for realisation, repatriation or surrender.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.