The Reserve Bank of India has notified amendments to the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, under powers granted by the FEMA, 1999.
RBI Amends Export-Import Regulations, 2026
The Reserve Bank of India (RBI) has issued the Foreign Exchange Management (Export and Import of Goods and Services) (Amendment) Regulations, 2026, under Section 7, Section 8, sub-section (6) of Section 10, and sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (FEMA). These amendments, dated September 22, 2026, aim to refine regulatory frameworks governing cross-border trade in goods and services.
The specific details of the amendments are not fully disclosed in the notification, but they are intended to align with evolving international trade practices and enhance compliance mechanisms. The changes are expected to impact authorisation procedures, reporting requirements, and permissible foreign exchange transactions related to exports and imports.
Practitioners should review the full text of the amendment regulations for operational changes. The update underscores RBI’s continued focus on strengthening external sector resilience and ensuring that foreign exchange regulations remain responsive to macroeconomic conditions and global standards.
Citations
- Foreign Exchange Management Act, 1999 (42 of 1999)