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    <title>Important updates under FEMA for GCCs in India – Export of services and Imports</title>
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    <description>The 2026 FEMA Export and Import Regulations require export proceeds to be realised within 15 months, mandate EDF declarations for all service exports, and expand the monitoring and compliance responsibilities of Authorised Dealers, including routing of advances through the same AD, AD discretion on third party payments, set off rules across goods and services, SBLC or guarantee requirements for advance imports, and AD published SOPs governing transaction handling and reporting.</description>
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