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Foreign exchange regulation updates: export value thresholds redefined in foreign currency and increased for specified categories. Amendment to Regulation 4 of the Foreign Exchange Management (Export of Goods and Services) Regulations, 2000 substitutes a USD-denominated threshold for the former rupee-denominated threshold in clause (d) and increases the rupee threshold in clause (e) by textual substitution; the amendment is effective on publication in the Official Gazette and constitutes a partial modification of the principal regulations.
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Foreign exchange regulation updates: export value thresholds redefined in foreign currency and increased for specified categories.
Amendment to Regulation 4 of the Foreign Exchange Management (Export of Goods and Services) Regulations, 2000 substitutes a USD-denominated threshold for the former rupee-denominated threshold in clause (d) and increases the rupee threshold in clause (e) by textual substitution; the amendment is effective on publication in the Official Gazette and constitutes a partial modification of the principal regulations.
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