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Corporate Laws Central Ministry of Finance Foreign Exchange Management Act, 1999

RBI updates Master Direction - Export of Goods and Services

01-Oct-2025 | RBI/FED/2015-16/11 FED Master Direction No. 16/2015-16

RBI updates Master Direction - Export of Goods and Services with effect from 01st October 2025.

Under Part-C (Obligations of Authorised Dealers), Para 31 has been inserted stating Export Data Processing and Monitoring System (EDPMS) - reconciliation of export entries - Special Procedure.
1. This procedure applies to export entries or bills valued up to Rs. 10 lakhs.
2. Such entries can be reconciled and closed in EDPMS based on a declaration from the exporter confirming that payment has been received.
3. Reductions in invoice or shipping bill values are also accepted if declared by the exporter.
4. Exporters may submit quarterly consolidated declarations, combining multiple bills for bulk reconciliation.
5. Authorized Dealer (AD) banks should ensure that handling charges for these small-value exports are reasonable and aligned with the services provided.
6. No penal charges can be levied by banks for delays in meeting regulatory requirements under this procedure.


For more information, please refer to the attached document.

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