Date: 20-01-2005 Notification No: RBI Notification No FEMA 129/2005 RB Issuing Authority: RBI Type: FEMA Notification File No: Subject: Foreign Exchange Management (Guarantees) (Amendment) Regulations, 2005 GSR 61(E) :- In exercise of the powers conferred by clause (j) of Sub-section 3 of Section 6, Sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its notification No. FEMA-8/2000-RB dated 3rd May 2000, as amended from time to time, the Reserve Bank makes the following amendments in the Foreign Exchange Management (Guarantees) Regulations, 2000, namely :-1. Short title and Commencement(i) These Regulations may be called the Foreign Exchange Management (Guarantees) (Amendment) Regulations, 2005.(ii) They shall be deemed to have come into force from November 1, 2004@2. Amendment of the Regulations :In the Foreign Exchange Management (Guarantees) Regulations, 2000 after Sub-regulation (1) of Regulation 4, the following sub-regulation may be inserted, namely :-�(1A) An Authorised Dealer may give guarantee, Letter of Undertaking or Letter of Comfort in respect of any debt, obligation or other liability incurred by a person resident in India and owed to a person resident outside India (being an overseas supplier of goods, bank or a financial institution), for import of goods, as permitted under the Foreign Trade Policy announced by the Government of India from time to time and subject to such terms and conditions as may be specified by Reserve Bank from time to time.� Sd/-(F R Joseph)Chief General ManagerFoot Note :@ This has been mentioned as the date on which the decision/s covered by the Regulation/s became effective on the issue of A.P (Dir Series) Circular No. 24 dated November 1,2004.
Get Sample Now Which service(s) are you interested in? Export Data Import Data Both Buyers Suppliers Both OR Exim Help + Exim News Date: 25-07-2025 Whisky deals: India's drinking habit shapes trade talks Date: 25-07-2025 Seafood, agriculture companies eye larger market share Date: 25-07-2025 Countries will face tariffs ranging from 15% to 50%: Donald Trump Date: 25-07-2025 Oil prices climb on US-EU trade optimism, Russian gasoline cuts Date: 25-07-2025 China’s stealthy solar exports stay one step ahead of US tariffs Date: 23-07-2025 National highways construction pace slows to 29km/day in FY25: Gadkari Date: 23-07-2025 Dollar holds losses against yen after Trump announces Japan trade deal Date: 23-07-2025 India's July rice stocks at record high and wheat hits four-year peak Date: 23-07-2025 European auto shares rally after US-Japan trade deal Date: 23-07-2025 Shares in Japanese, South Korean automakers surge on Tokyo trade deal What is New? Date: 19-07-2025 Notification No. 34/2025-Customs Seeks to amend notification No. 146/94-Customs, dated the 13th July, 1994 to omit serial number 10A. Date: 18-07-2025 Notification No. 33/2025-Customs Seeks to amend notification No. 146/94-Customs, dated the 13th July, 1994 to provide exemption on import of Horses for Polo (HS 0101 29 10) under specified condition. Date: 16-07-2025 Notification No. 47/2025-Customs (N.T.) Appointment of Common Adjudicating Authority for the purpose of finalization of Provisional Assessment in SVB case w.r.t. M/s. Ammega Belting India Pvt. Ltd. -reg Date: 15-07-2025 Notification No. 46/2025-CUSTOMS (N.T.) Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver Date: 30-06-2025 Notification No. 44/2025-CUSTOMS (N.T.) Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver Date: 30-06-2025 Notification No. 32/2025-Customs Seeks to amend Notification No.130/2010- Customs dated 23.12.2010 to extend the exemption benefits to Air Canada. Date: 13-06-2025 Notification No. 43/2025-CUSTOMS (N.T.) Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver Date: 11-06-2025 Notification No. 42/2025-CUSTOMS (N.T.) Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver Date: 06-06-2025 Notification No. 13/2025-Customs (ADD) Seeks to impose Anti Dumping Duty on imports of ‘Insoluble Sulphur’ originating in or exported from China PR and Japan. Date: 30-05-2025 Notification No. 38/2025-CUSTOMS (N.T.) Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver
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