Currency import and export are governed by the Foreign Exchange Management (Export and Import of Currency) Regulations, 2015. Rule 8 states that currency import and export under the Baggage Rules are governed by the Foreign Exchange Management (Export and Import of Currency) Regulations, 2015, and the notifications issued under those Regulations, placing control of currency movement within that regulatory framework.
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Provisions expressly mentioned in the judgment/order text.
Currency import and export are governed by the Foreign Exchange Management (Export and Import of Currency) Regulations, 2015.
Rule 8 states that currency import and export under the Baggage Rules are governed by the Foreign Exchange Management (Export and Import of Currency) Regulations, 2015, and the notifications issued under those Regulations, placing control of currency movement within that regulatory framework.
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