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Foreign Exchange Management (Export and import of currency) Regulations 2015

FEMA - 6(R)/RB-2015 - Dated:- 29-12-2015 - RESERVE BANK OF INDIA (Foreign Exchange Department) (CENTRAL OFFICE) NOTIFICATION NO. FEMA 6(R)/RB-2015 Mumbai, the 29th December, 2015 G.S.R. 1004(E).-In exercise of the powers conferred by clause (g) of sub-section (3) of Section 6, sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in supersession of Notification No. FEMA 6/2000-RB dated May 3, 2000, as amended from time to time, the Reserve Bank makes the fo .....

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but defined in the Act have meanings respectively assigned to them in the Act. 3. Export and Import of Indian currency and currency notes :- (1) Save as otherwise provided in these regulations, any person resident in India, (a) may take outside India (other than to Nepal and Bhutan) currency notes of Government of India and Reserve Bank of India notes up to an amount not exceeding ₹ 25000/- (Rupees Twenty Five Thousand Only) per person or such amount and subject to such conditions as noti .....

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, currency notes of Government of India and Reserve Bank of India notes up to an amount not exceeding ₹ 25,000/- per person or such amount and subject to such conditions as notified by Reserve Bank of India from time to time. Without prejudice to the provisions of sub-regulation (1), Reserve Bank may, on application made to it and on being satisfied that it is necessary to do so, allow a person to take or send out of India or bring into India currency notes of Government of India and/or of .....

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rve Bank of India from time to time. (b) may bring into India currency notes of Government of India and Reserve Bank of India notes up to an amount not exceeding ₹ 25000 (Rupees Twenty Five Thousand Only) per person or such other amount and subject to such conditions as notified by Reserve Bank of India from time to time. 4. Prohibition on Export of Indian coins:- No person shall take or send out of India the Indian coins which are covered by the Antique and Art Treasure Act, 1972. 5. Proh .....

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hout limit foreign exchange (other than unissued notes), provided that bringing of foreign exchange into India under clause (b) shall be subject to the condition that such person makes, on arrival in India, a declaration to the Custom authorities in Currency Declaration Form (CDF) annexed to these Regulations; provided further that it shall not be necessary to make such declaration where the aggregate value of the foreign exchange in the form of currency notes, bank notes or traveller's cheq .....

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rawn on foreign currency account maintained in accordance with Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2000; (b) foreign exchange obtained by him by drawal from an authorised person in accordance with the provisions of the Act or the rules or regulations or directions made or issued thereunder ; (c) currency in the safes of vessels or aircrafts which has been brought into India or which has been taken on board a vessel or aircraft with t .....

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