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of <h1>RBI Amends Foreign Exchange Management Regulations: Export Period Now Reduced from 12 to 9 Months, Effective April 2013.</h1> The Reserve Bank of India issued amendments to the Foreign Exchange Management (Export of Goods and Services) Regulations, 2000, effective from April 1, 2013. The amendments involve changes to Regulation 9 and Regulation 10, where the period mentioned has been reduced from 'twelve months' to 'nine months.' These changes are part of the Foreign Exchange Management (Export of Goods & Services) (Amendment) Regulations, 2014, and are clarified to have no adverse effects on any individual due to their retrospective application.
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