RESERVE BANK OF INDIA

RESERVE BANK OF INDIA (FOREIGN EXCHNAGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No. FEMA 6 (R) /RB-2015 December 29, 2015 Foreign Exchange Management (Export and import of currency) Regulations, 2015 In exercise of the powers conferred by clause (g) of sub-section (3) of Section 6, subsection (2) of Section 47 of the Foreign Exchange Management Act; 1999 (42 of 1999), and in supersession of Notification NoFEMA6/2000-RB dated May 3_2000, as amended from time to time, the Reserve Bank makes the following regulations for export from and import into, India of currency Or currency notes, namely 1. Short title & commencement: - These regulations may be called as Foreign Exchange Management (Export and Import of Currency) Regulations, 2015. (ii) They shall come into effect on from the date of their publication in the Official Gazette 2. Definitions: - In these regulations, unless the context requires otherwise, 'Act' means Foreign Exchange Management Act; 1999 (42 of 1999); (ii) the words and expressions used and not defined in these regulations but defined in the Act have meanings respectively assigned to them in the Act: 3. Export and Import of Indian currency and currency notes Save as otherwise provided in these regulations, any person resident in India; may take outside India (other than to Nepal and Bhutan) currency notes of Government of India and Reserve Bank of India notes up to an amount not exceeding Rs.25000/- (Rupees Twenty Five Thousand Only) per person or such amount and subject to such conditions as notified by Reserve Bank of India from time to0 time; may take or send outside India (other than to Nepal and Bhutan) commemorative coins not exceeding two coins each: Explanation: 'Commemorative Coin' includes coin issued by Government of India Mint

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