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of <h1>Master Circular on Export of Goods and Services consolidates guidelines under FEMA 1999 for Category-I Banks.</h1> The Master Circular on Export of Goods and Services, issued on July 1, 2008, consolidates existing instructions regarding the export of goods and services from India under the Foreign Exchange Management Act 1999. It is addressed to all Category-I Authorized Dealer Banks and is structured into five parts: an introduction, general guidelines for exports, operational guidelines for banks, annexes including notifications and export forms, and a list of consolidated circulars. This circular includes a sunset clause, expiring on July 1, 2009, when it will be replaced by an updated version.
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