The Reserve Bank of India ("RBI") has
introduced 2 noteworthy relaxations through an amendment to the
Foreign Exchange Management (Export of Goods & Services)
Regulations, 2015, notified on November 13, 2025. These
changes extend key statutory timelines and provide additional
flexibility to Indian exporters and businesses engaged in
cross-border trade.
A brief summary of the amendments is set out below.
- Extension of
timeline for realisation of export proceeds: The
RBI had earlier prescribed a 9-month timeline within which an
Indian exporter was required to realise the full value of any
goods, software or services exported out of
India. The effect of this amendment has been
to extend the 9-month timeline to 15 months
from the date of export of the goods, software or services in
question thereby giving exporters more flexibility in
recovering payments. It is interesting that this relaxation
would extend to export transactions between Indian subsidiaries
