RBI Issues Draft Unified Export-Import Norms, Seeks Public Input by Apr 30, 2025
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- Last Updated on 7 April, 2025
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Press Release: 2025-2026/41, Dated: 04.04.2025
RBI has released draft FEM (Export & Import of Goods & Services) Regulations, 2025, merging export-import rules into one document to simplify compliance and enhance ease of business. It defines clear roles for ADs and mandates structured procedures. Under the new norms, exporters with unrealized proceeds exceeding Rs. 25 crore for more than 2 years can export only against a full advance or an irrevocable Letter of Credit (LC). Advance remittance for gold and silver imports is prohibited. Public feedback is open till 30-04-2025.
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