Export of Goods and Services regulation consolidated, directing authorised dealer banks to follow unified instructions subject to a temporary sunset. Export of goods and services is governed by the Foreign Exchange Management Act and Current Account Rules; this Master Circular consolidates existing instructions for Category I Authorised Dealer banks, lists underlying circulars in an appendix, and is issued with a sunset clause after which it will be withdrawn and replaced by an updated master circular.
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Export of Goods and Services regulation consolidated, directing authorised dealer banks to follow unified instructions subject to a temporary sunset.
Export of goods and services is governed by the Foreign Exchange Management Act and Current Account Rules; this Master Circular consolidates existing instructions for Category I Authorised Dealer banks, lists underlying circulars in an appendix, and is issued with a sunset clause after which it will be withdrawn and replaced by an updated master circular.
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