RBI'S NEW FOREIGN EXCHANGE MANAGEMENT (EXPORT AND IMPORT OF GOODS AND SERVICES) REGULATIONS, 2026 COME INTO FORCE FROM OCTOBER 1, 2026, — REPLACING THE 2015 FRAMEWORK

 RBI'S NEW FOREIGN EXCHANGE MANAGEMENT (EXPORT AND IMPORT OF GOODS AND SERVICES) REGULATIONS, 2026 COME INTO FORCE FROM OCTOBER 1, 2026, — REPLACING THE 2015 FRAMEWORK

 

1)      Export realization period extends from 9 months to 15 months

 

2)       SOFTEX filing is being phased out.

 

3)      Every pending EDPMS entry needs to be reconciled before October 1.

 

4)      Exporters must file an Export Declaration Form (EDF) at the time of export

 

5)      For EDI ports, EDF submission is deemed part of the shipping bill.

 

Exporters and importers should update compliance processes before October 1, 2026, train staff on new EDF timelines, and coordinate with Authorized Dealers for smooth transition.

# Your Compliance expert R V SECKAR, FCS, LLB 79047 19295,