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        FEMA

        Regulation 6 - Period for Surrender in Certain Cases

        Foreign Exchange Management (Realisation, Repatriation And Surrender of Foreign Exchange) Regulations, 2000

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        Surrender of foreign exchange: unspent balances by non-resident entities must be returned within prescribed periods after acquisition or travel. Regulation 6 requires persons other than individual residents who acquire or purchase foreign exchange pursuant to a declaration to an authorised person to surrender any unused portion to an authorised person within sixty days of acquisition. A travel-related exception provides extended surrender timelines: unspent currency notes and coins must be surrendered within ninety days of return, and unspent travellers cheques within one hundred eighty days of return.
                          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.

                              Surrender of foreign exchange: unspent balances by non-resident entities must be returned within prescribed periods after acquisition or travel.

                              Regulation 6 requires persons other than individual residents who acquire or purchase foreign exchange pursuant to a declaration to an authorised person to surrender any unused portion to an authorised person within sixty days of acquisition. A travel-related exception provides extended surrender timelines: unspent currency notes and coins must be surrendered within ninety days of return, and unspent travellers cheques within one hundred eighty days of return.


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