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        FEMA

        Regulation 17 - International Trade Invoicing and Settlement in Indian Rupees (INR)

        Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026

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        International trade invoicing in INR: authorised dealers to follow extant Reserve Bank guidelines and instructions. Regulation 17 provides that international trade invoicing and settlement in Indian Rupees (INR) shall operate under the existing framework, with the Authorised Dealer to be guided by extant guidelines and instructions issued by the Reserve Bank from time to time regarding implementation of INR invoicing and settlement in export and import transactions.
                          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.

                                International trade invoicing in INR: authorised dealers to follow extant Reserve Bank guidelines and instructions.

                                Regulation 17 provides that international trade invoicing and settlement in Indian Rupees (INR) shall operate under the existing framework, with the Authorised Dealer to be guided by extant guidelines and instructions issued by the Reserve Bank from time to time regarding implementation of INR invoicing and settlement in export and import transactions.


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