Amendment to Mode of Payment and Reporting Regulations for Non-Debt Instruments under FEMA

Principal regulations were published vide G.S.R. No. 795(E) dated October 17, 2019 and subsequently amended three times. In exercise of powers under Section 47 of the Foreign Exchange Management Act, 1999, the Reserve Bank of India has substituted the provisions at Sl. No. III and X of Regulation 3.1 and sub-regulation (9) of Regulation 4 of the principal regulations as follows.

Revision of Tariff Values for Edible Oils, Brass Scrap, Gold, Silver and Areca Nuts

Principal notification No. 36/2001-Customs (N.T.) dated August 3, 2001 was last amended vide Notification No. 54/2026-Customs (N.T.) dated June 11, 2026. In exercise of powers under Section 14(2) of the Customs Act, 1962, the Central Board of Indirect Taxes and Customs has substituted TABLE-1, TABLE-2 and TABLE-3 of the said notification with the following revised tariff values:

Schedule A Demo