NTF. NO. FEMA 176/2008-RB, DT. 23/07/2008
- Document type
- Circular
- Dated
- Category
- Notifications Under FEMA
FEM (Export of Goods And Services) (Amendment) Regulations, 2008
FEM (Export of Goods And Services) (Amendment) Regulations, 2008
1. Short title and commencement
(i) These regulations may be called the Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2008.
(ii) They shall deemed to have come into force on the 3rd day of June 2008.@
2. Amendment of the Regulations
In the Foreign Exchange Management (Export of Goods and Services) Regulations, 2000 (Notification No.FEMA.23/2000-RB dated May 3, 2000) (hereinafter called the principal regulations), the following amendments shall be made, namely :-
(i). in Regulation 9, in sub-regulation (1) for the words six months, the words twelve months shall be substituted.
(ii). in Regulation 9, in sub-regulation (1) in the third proviso, for the words six months, the words twelve months shall be substituted.
(iii). in Regulation 10, for the words six months, the words twelve months shall be substituted.
(iv). in schedule , in forms GR, SDF and PP for the words six months wherever they occur, the words twelve months shall be substituted.
(v). in Schedule ,in Software Export Declaration (SOFTEX) Form , for the figures and word 180 days wherever they occur , the words twelve months shall be substituted.
(Salim Gangadharan)
Chief General Manager-in-Charge
(1) @ It is clarified that no person will be adversely affected as a result of retrospective effect being given to these Regulations.
(2) The Principal Regulations were published in the Official Gazette vide G.S.R. No.409 (E) dated May 8, 2000 in Part II, Section 3, Sub-section (i) and subsequently amended vide
(i) G.S.R. No.199(E) dated March 21, 2001
(ii) G.S.R. No.473(E) dated July 8, 2002
(iii) G.S.R. No.773(E) dated September 29, 2003
(iv) G.S.R. No.900(E) dated November 22, 2003
(v) G.S.R. No.279(E) dated April 23,2004
(vi) G.S.R. No.352(E) dated June 8, 2004.