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of <h1>RBI Amends FEMA Regulations: Expands Export Coverage to Include Status Holder Exporters in Line with Current EXIM Policy</h1> The Reserve Bank of India issued Notification No. FEMA57/2002-RB, amending the Foreign Exchange Management (Export of Goods and Services) Regulations, 2000. Effective upon publication in the Official Gazette, the amendment modifies Regulation 9, sub-regulation (2), clause (a), by adding the phrase 'or by a Status Holder exporter, as defined in the EXIM Policy in force,' following 'by a unit situated in a Special Economic Zone.' This amendment expands the scope of entities covered under the regulation, aligning it with the current EXIM Policy.
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