The Reserve Bank of India (RBI) on November 13, 2025, issued the Foreign Exchange Management (Export of Goods and Services) (Second Amendment) Regulations, 2025, to further amend the Foreign Exchange Management (Export of Goods & Services) Regulations, 2015.
This shall come into force from November 14, 2025.
The following has been stated namely: -
• In Regulation 9 (1), for the words ‘nine months’, the words ‘fifteen months’ shall be substituted.
• In regulation 9 (2), in clause (a), for the words ‘nine months’, the words ‘fifteen months’ shall be substituted.
• In regulation 15 (1) clause (i) and in its proviso, for the words ‘one year’, the words ‘three years’ shall be substituted.
• Regulation 15 (2), in clause (i), for the words ‘one year’, the words ‘three years’ shall be substituted.
[Notification no. - FEMA 23(R)/(7)/2025-RB]