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          FEMA

          Surrender of Foreign Exchange by an Individual Resident in India

          Realisation & Repartriate of foreign exchange

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          Surrender of foreign exchange must be made to an authorised person within the prescribed period after receipt or return. Any resident individual must surrender received, realised, unspent or unused foreign exchange, whether in currency notes, coins or traveller's cheques, to an authorised person within the prescribed period from the date of receipt, realisation, purchase, acquisition or return to India, as applicable.
                            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.

                                  Surrender of foreign exchange must be made to an authorised person within the prescribed period after receipt or return.

                                  Any resident individual must surrender received, realised, unspent or unused foreign exchange, whether in currency notes, coins or traveller's cheques, to an authorised person within the prescribed period from the date of receipt, realisation, purchase, acquisition or return to India, as applicable.


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