Import of Goods and Services. RBI/2006-07/26 Master Circular No. /08 /2006-07 July 1, 2006 Section 5 of the Foreign Exchange Management Act 1999 (42 of 1999), read with Notification No. GSR 381(E) dated May 3, 2000 IMPORT OF GOODS A.1 GENERAL A.2 FORM A-1 A.3 IMPORT LICENSES
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Importing currency, including cheques, is governed by clause (g) of sub-section (3) of Section 6 of the Foreign Exchange Management Act, 1999, and the Foreign Exchange Management (Export and Import of Currency) Regulations 2000, made by Reserve Bank vide Notification No.FEMA 6/RB- 2000 dated May 3, 2000 and No.FEMA 38/RB-2001 dated February 27, 2001.