https://www.taxtmi.com/highlights?id=93044 Regulator amends prior guidance on merchanting trade transactions to extend the permitted period for outlay of foreign exchange from four months to six months while keeping all other conditions unchanged; the commencement and completion rules for merchanting trade remain as previously prescribed (date of first shipment/export receipt or import payment and date of last shipment/export receipt or import payment, respectively). The change is effective immediately; authorised dealer Category-I banks must notify their customers. The directions are issued under FEMA and do not affect other statutory permissions. en-us Fri, 03 Oct 2025 18:17:05 +0530 Fri, 03 Oct 2025 18:17:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=93044 Regulator amends prior guidance on merchanting trade transactions to extend the permitted period for outlay of foreign exchange from four months to six months while keeping all other conditions unchanged; the commencement and completion rules for merchanting trade remain as previously prescribed (date of first shipment/export receipt or import payment and date of last shipment/export receipt or import payment, respectively). The change is effective immediately; authorised dealer Category-I banks must notify their customers. The directions are issued under FEMA and do not affect other statutory permissions. Highlights FEMA Fri, 03 Oct 2025 18:17:05 +0530 https://www.taxtmi.com/highlights?id=93044