Export and import of currency regulations govern cross border carriage of cash under FEMA authority and RBI notification. The Foreign Exchange Management (Export and Import of Currency) Regulations, 2015 establish rules for the export and import of currency and currency notes, issued under powers conferred by the Foreign Exchange Management Act and superseding the earlier notification; they take effect upon publication in the Official Gazette and provide the legal basis for regulating cross border movement of physical currency.
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Export and import of currency regulations govern cross border carriage of cash under FEMA authority and RBI notification.
The Foreign Exchange Management (Export and Import of Currency) Regulations, 2015 establish rules for the export and import of currency and currency notes, issued under powers conferred by the Foreign Exchange Management Act and superseding the earlier notification; they take effect upon publication in the Official Gazette and provide the legal basis for regulating cross border movement of physical currency.
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