A person being an individual resident in India shall surrender the received/realised/unspent/unused foreign exchange whether in the form of currency notes, coins and travellers cheques, etc. to an authorised person within a period of 180 days from the date of such receipt/realisation/purchase/acquisition or date of his return to India, as the case may be.
Section 7: Period for surrender of received/ realised/ unspent/ unused foreign exchange by Resident individuals
the Foreign Exchange Management (Realisation, Repatriation and Surrender of Foreign Exchange) Regulations, 2015.Central Regulations · 1999
Where this provision sits
| Act | the Foreign Exchange Management (Realisation, Repatriation and Surrender of Foreign Exchange) Regulations, 2015. |
|---|---|
| Section | 7 |
| Marginal note | Period for surrender of received/ realised/ unspent/ unused foreign exchange by Resident individuals |
| Jurisdiction | Central |
| Status | In force as published by the source |
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