RESERVE BANK OF INDIA
FOREIGN EXCHANGE DEPARTMENT
NOTIFICATION
New Delhi, the 24
th June, 2025
Foreign Exchange Management (Export of Goods & Services) (Amendment) Regulations, 2025
No. FEMA 23(R)/(6)/2025-RB In exercise of the powers conferred by Section 7 and clause (b) of subsection (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India
makes the following amendments to the Foreign Exchange Management (Export of Goods & Services) Regulations,
2015 [Notification No. FEMA 23(R)/2015-RB dated January 12, 2016] (hereinafter referred to as ‘the Principal
Regulations’), namely:
- Short Title and Commencement: –
(i) These regulations may be called the Foreign Exchange Management (Export of Goods & Services) (Amendment)
Regulations, 2025
(ii) They shall come into force from the date of their publication in the Official Gazette. - In the principal regulations, in regulation 4, after sub-regulation (c) the following sub-regulation (ca) shall be
inserted, namely: –
“ca). Tugs or Tug Boats, Dredgers and Vessels used for providing offshore support services, subject to their re-import
into India”
namely as under: –
i. G.S.R.No. 635(E) dated 23.06.2017
ii. FEMA 23(R)/(2)/2019-RB dated December 03, 2019
iii. FEMA 23(R)/(3)/2020-RB dated March 31, 2020
iv. FEMA 23(R)/(4)/2021-RB dated January 08, 2021
v. FEMA 23(R)/(5)/2021-RB dated September 08, 2021