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Export of foreign exchange and currency notes

Regulation 7 - FEMA - Regulation 7 - 7. :- (1) An authorised person may send out of India foreign currency acquired in normal course of business, (2) Any person may take or send out of India, - (a) Cheques drawn 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 .....

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