TMI BlogForeign Exchange Management (Realisation, Repatriation and Surrender of Foreign Exchange) Regulations, 2000X X X X Extracts X X X X X X X X Extracts X X X X ..... ign Exchange Madam / Sir, Foreign Exchange Management (Realisation, Repatriation and Surrender of Foreign Exchange) Regulations, 2000 Attention of Authorised Persons in foreign exchange is invited to Regulations 5 and 6 of Notification No. FEMA 9/2000-RB dated May 3, 2000, as amended from time to time (the Notification), in terms of which different periods, as under, have been stipulat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ge drawn for travel purpose, within ninety days from the date of return of the traveler to India, when the unspent balance is in the form of currency notes and coins, and within one hundred eighty days from the date of return of the traveler to India when the unspent foreign exchange is in the form of travelers cheques. 2. As announced in the Annual Policy Statement for the Year 2007-08 [para ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sons in foreign exchange may bring the contents of this circular to the notice of their constituents and customers concerned. 5. The directions contained in this Circular have been issued under Section 10 (4) and 11 (1) of the Foreign Exchange Management Act, 1999 (42 of 1999) and is without prejudice to permissions / approvals, if any, required under any other law. Yours faithfully, ..... X X X X Extracts X X X X X X X X Extracts X X X X
|