RBI amends Foreign Exchange Management (Export of Goods and Services) Regulations, 2015

The Reserve Bank of India (RBI) has notified the Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2021 wherein regulation 15 (1) (iii) has been substituted. Now the obligation of exporter has been enhanced as it must follow other applicable benchmark as may be directed by the Reserve Bank.The Reserve Bank of India (RBI) has notified the Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2021 wherein regulation 15 (1) (iii) has been substituted. Now the obligation of exporter has been enhanced as it must follow other applicable benchmark as may be directed by the Reserve Bank.taxmann.com Latest Statutory HappeningsRead More

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