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TMI BlogRegulation of Foreign Trade under Foreign Exchange Management Act (FEMA), 1999 – Draft Regulations and DirectionsX X X X Extracts X X X X X X X X Extracts X X X X ..... Regulation of Foreign Trade under Foreign Exchange Management Act (FEMA), 1999 – Draft Regulations and Directions X X X X Extracts X X X X X X X X Extracts X X X X ..... invited comments/feedback from the public on draft Regulations and draft Directions to the Authorised Dealers on Export and Import of Goods and Services, vide Press Release dated July 02, 2024. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2. Based on the feedback received from public and subsequent further consultations with various stakeholders, the draft Regulations and Directions have been further revised. The emphasis of revised R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... egulations is on enhancing ease of doing business and bringing all instructions onto a single document. The Regulations incorporate instructions issued to Authorised Dealers, including the processes t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o be followed by the Authorised Dealers for handling transactions related to export and import, which are at present issued separately as Directions to Authorised Dealers. 3. Comments/feedback on the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... draft Regulations and Directions may be forwarded via email by April 30, 2025, with the subject line "Feedback on draft regulations and directions on export and import u ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nder FEMA".
(Puneet Pancholy)
Chief General Manager X X X X Extracts X X X X X X X X Extracts X X X X
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