India: Consultation on draft export and import regulations
The Reserve Bank of India has invited comments from all stakeholders on the draft regulations by September 1, 2024.
Consultation on draft export and import regulations
The Reserve Bank of India (RBI) on July 2, 2024, published on its website two sets of draft regulations under the Foreign Exchange Management Act, 1999 regarding export and import transactions:
- Draft Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2024
- Draft Directions on Export and Import of Goods and Services
The RBI has invited comments from all stakeholders on the draft regulations by September 1, 2024.
Read a July 2024 report prepared by the KPMG member firm in India
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