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of <h1>RBI Issues Regulations for Export of Goods and Services Under Foreign Exchange Management Act, 1999</h1> The Reserve Bank of India issued the Foreign Exchange Management (Export of Goods and Services) Regulations, 2000, under the Foreign Exchange Management Act, 1999. This notification, dated May 3, 2000, and published in the Official Gazette on May 8, 2000, outlines regulations governing the export of goods and services from India. It was enacted under the authority of specific sections of the Act, empowering the Reserve Bank to regulate foreign exchange transactions related to exports. These regulations aim to manage and facilitate foreign exchange dealings in the context of international trade conducted by Indian entities.
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