Export and import rules updated: authorised dealers must follow FEMA, use PRAVAAH for references, and report doubtful transactions. The Reserve Bank promulgated the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 to consolidate FEMA based rules for cross border trade, effective October 01, 2026. Authorised dealers must ensure transactions comply with FEMA and the Foreign Trade Policy, submit references via the PRAVAAH portal, and report doubtful transactions to the Directorate of Enforcement. Existing Master Directions and the listed circulars are superseded. The directions are issued under sections 10(4) and 11(1) of FEMA and do not affect other legal permissions required under other laws.
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.
Export and import rules updated: authorised dealers must follow FEMA, use PRAVAAH for references, and report doubtful transactions.
The Reserve Bank promulgated the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 to consolidate FEMA based rules for cross border trade, effective October 01, 2026. Authorised dealers must ensure transactions comply with FEMA and the Foreign Trade Policy, submit references via the PRAVAAH portal, and report doubtful transactions to the Directorate of Enforcement. Existing Master Directions and the listed circulars are superseded. The directions are issued under sections 10(4) and 11(1) of FEMA and do not affect other legal permissions required under other laws.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.