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of <h1>Foreign Exchange Management Act Mandates Comprehensive Export Declarations and Timely Earnings Reporting for Exporters</h1> The statutory provision outlines export regulations under the Foreign Exchange Management Act. Exporters must submit declarations to the Reserve Bank detailing full export value and expected proceeds. The Reserve Bank can direct exporters to comply with requirements ensuring timely receipt of export earnings. Exporters of goods and services must provide accurate material particulars about export transactions, enabling regulatory oversight of foreign exchange management.
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