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Payment for the Export

Regulation 12 - Regulation - FEMA - Regulation 12 - 12. :- In respect of export of any goods or software for which a declaration is required to be furnished under Regulation 3, no person shall except with the permission of the Reserve Bank or, subject to the directions of the Reserve Bank, permission of an authorised dealer, do or refrain from doing anything or take or refrain from taking any action which has the effect of securing - (i) that the payment for the goods or software is made otherwi .....

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