RBI : Foreign Exchange Management (Export of Goods and Services) Regulations, 2015 has been amended (14.09.2021)

RBI:

RBI may specify any bench mark rate other than LIBOR for payment of interest by the exporter on advance payment received by them from its customers. Foreign Exchange Management (Export of Goods and Services) Regulations, 2015 has been amended to this extent.

[Notification No. FEMA 23(R)/(5)/2021-RB. | Dtd. 08th September, 2021]

 

 

Leave a Comment

Your email address will not be published. Required fields are marked *