Export of Goods & Services Regulations 2015 Amendments -

· No Export Decleration for Tugs or Tug Boats, Dredgers and Vessels used for providing offshore support services, subject to their re-import into India.

[Notification No. FEMA 23(R)/(6)/2025-RB dated June 24, 2025]

Foreign Exchange Management (Export of Goods & Services) (Amendment) Regulations, 2025

In exercise of the powers conferred by Section 7 and clause (b) of sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India makes the following amendments to the Foreign Exchange Management (Export of Goods & Services) Regulations, 2015 [Notification No. FEMA 23(R)/2015-RB dated January 12, 2016] (hereinafter referred to as 'the Principal Regulations'), namely:

1. Short Title and Commencement:-

(i) These regulations may be called the Foreign Exchange Management (Export of Goods & Services) (Amendment) Regulations, 2025

(ii) They shall come into force from the date of their publication in the Official Gazette.

2. In the principal regulations, in regulation 4, after sub-regulation (c) the following sub-regulation (ca) shall be inserted, namely:-

“ca). Tugs or Tug Boats, Dredgers and Vessels used for providing offshore support services, subject to their re-import into India”.