Indian Exporters and Legal Compliances : New Changes
Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Seventh Amendment) Regulations, 2025 amends Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015.
Regulation 5 (CA) has been substituted.
Regulation 5 (CA) deals with Foreign Currency Account of an exporter. It deals with how funds in the account can be utilised by exporter for paying for its imports into India
Compliance with Foreign Exchange Management (Export of Goods and Services) Regulations, 2015 is also mentioned.