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of <h1>RBI issues Foreign Exchange Management Export of Goods and Services Regulations 2000 under FEMA sections 7 and 47</h1> The Reserve Bank of India issued regulations under the Foreign Exchange Management Act, 1999, governing export of goods and services from India. These regulations are titled the Foreign Exchange Management (Export of Goods and Services) Regulations, 2000, and came into force on June 1, 2000. The notification was issued from Mumbai on May 3, 2000, exercising powers under sections 7 and 47 of the parent Act to regulate foreign exchange matters related to exports.
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