RBI has reduced the time allowed for exporters to realise export proceeds from 15 months to nine months
In a bid to further boost dollar inflows, the Reserve Bank of India (RBI) has reduced the time allowed for exporters to realise export proceeds from 15 months to nine months with effect from October 1, 2026.
The revised time period for realising export proceeds is counted from the date of shipment in case of goods (other than goods exported to a warehouse outside India) and from the date of invoice in case of services.
The aforementioned time limit for realising export proceeds is also applicable from the date of sale of goods from the warehouse in case of goods exported to a warehouse outside India.
Where the export of goods and services is invoiced or/and settled in Indian rupees, the period for realisation and repatriation of full export value shall be 12 months (against the current 18 months).
New clause
The aforementioned clause is applicable from the date of shipment in case of goods (other than goods exported to a warehouse outside India), from the date of invoice in case of services, and from the date of sale of goods in case of goods exported to a warehouse outside India.
The clauses relating to shortening of the time period for realising export proceeds, incorporated in amendments to the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, comes even the central bank’s early June 2026 measures to attract foreign capital have resulted inflows of a whopping $144 billion so far.
Published on September 25, 2026
