Regulation 7 - Period for Surrender of Received/ Realised/ unspent/ Unused Foreign Exchange by Resident Individuals - Foreign Exchange Management (Realisation, Repatriation and Surrender of Foreign Exchange) Regulations, 2015

Period for Surrender of Received/ Realised/ unspent/ Unused Foreign Exchange by Resident Individuals. - 7. A person being an individual resident in India shall surrender the received/realised/unspent/unused foreign exchange whether in the form of currency notes, coins and travellers cheques, etc. to an authorised person within a period of 180 days from the date of such receipt/realisation/purchase/acquisition or date of his return to India, as the case may be.