What changed, and when.

A dated rule timeline. A press clarification is never silently promoted to a written amendment.

JANUARY 2026 · PRIMARY FRAMEWORK

New export and import regulations and AD directions

The framework sets declaration routes, realisation rules and bank responsibilities, with commencement on 1 October 2026.

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22 SEPTEMBER 2026 · AMENDMENT

Realisation periods amended to nine and twelve months

Earlier fifteen/eighteen-month descriptions need to be read with this amendment.

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01 OCTOBER 2026 · COMMENCEMENT

The new framework takes effect

Historical cases still need their original dates, references and applicable transition handling.

07 OCTOBER 2026 · REPORTED CLARIFICATION

Individual personal arrangements clarified in reporting

Reporting describes RBI’s position on individuals contracting personally. A written FAQ or amendment was not located in this research. Business situations still need care.

Read the scope and uncertainty