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        FEMA

        Regulation 4 - Manner of Repatriation

        Foreign Exchange Management (Realisation, Repatriation and Surrender of Foreign Exchange) Regulations, 2015
        Chapter 01

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        Repatriation of realised foreign exchange requires sale to an authorised person or retention with an authorised dealer. On realisation of foreign exchange a person must repatriate it to India by selling it to an authorised person for rupees, retaining it in an account with an authorised dealer in India to the extent specified by the Reserve Bank, or using it to discharge a foreign currency debt or liability as specified by the Reserve Bank; a person is deemed to have repatriated when rupee payment is received in India from a foreign bank or exchange house account maintained with an authorised dealer.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                            Repatriation of realised foreign exchange requires sale to an authorised person or retention with an authorised dealer.

                            On realisation of foreign exchange a person must repatriate it to India by selling it to an authorised person for rupees, retaining it in an account with an authorised dealer in India to the extent specified by the Reserve Bank, or using it to discharge a foreign currency debt or liability as specified by the Reserve Bank; a person is deemed to have repatriated when rupee payment is received in India from a foreign bank or exchange house account maintained with an authorised dealer.


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