Surrender of foreign exchange by person other than an individual resident of Inida

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....tion, Repatriation and Surrender of Foreign Exchange) Regulations, 2015 ] • Foreign Exchange acquired or purchased by person (other than individual resident in India) for any purpose mentioned in the declaration made by him to an authorised person under sub-section (5) of Section 10 of the FEMA Act does not use it for permissible purpose • sh....

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....exchange is in the form of currency notes and coins; and • (b) within 180 days from the date of return of the traveller to India, when the unspent foreign exchange is in the form of travellers cheques. 3. Period for surrender of realised foreign exchange [ Regulation 5 of Foreign Exchange Management (Realisation, Repatriation and Surrender of Foreign Exchange) R....