https://www.taxtmi.com/notifications?id=119237 The Regulations prescribe permissible modes and currencies for receipts and payments in foreign exchange, differentiating ACU members, Nepal and Bhutan, Iran, and other countries; require export receipts to be in the currency appropriate to the declared place of final destination; permit third party receipts and payments and alternative instruments (bank drafts, card receipts, debit to FCNR/NRE accounts, specified rupee receipts, precious metals for certain exporters) subject to conditions; and allow payments by international cards and rupee payments for specified visitor expenses and director remunerations, subject to compliance with the Act and foreign trade policy. en-us Mon, 02 May 2016 00:00:00 +0530 Sat, 28 Jun 2025 10:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=119237 The Regulations prescribe permissible modes and currencies for receipts and payments in foreign exchange, differentiating ACU members, Nepal and Bhutan, Iran, and other countries; require export receipts to be in the currency appropriate to the declared place of final destination; permit third party receipts and payments and alternative instruments (bank drafts, card receipts, debit to FCNR/NRE accounts, specified rupee receipts, precious metals for certain exporters) subject to conditions; and allow payments by international cards and rupee payments for specified visitor expenses and director remunerations, subject to compliance with the Act and foreign trade policy. Notifications FEMA Mon, 02 May 2016 00:00:00 +0530 https://www.taxtmi.com/notifications?id=119237