Full-Day Classroom Seminar
FEMA 2026: RBI's New Import-Export Rules
Effective from October 1, 2026
Trusted by finance, trade & treasury teams at India's leading organisations · Held in Mumbai, Delhi, Bangalore & Pune
The Programme
Programme Overview
Introduction
Course Overview
With the implementation of the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, India’s trade compliance ecosystem is moving from manual oversight to a fully system-driven enforcement environment effective October 1, 2026.
Under this new framework, Authorized Dealer (AD) Banks will act as primary regulators, while EDPMS and IDPMS systems will monitor and flag transactions in real time. Compliance data will be integrated across DGFT, GST, and enforcement authorities, significantly increasing visibility into unresolved entries, mismatches, delayed realizations, and documentation gaps.
This workshop is designed as a highly practical session to help organizations understand operational risks, close pending exposures, strengthen reconciliation processes, and prepare for the new automated enforcement regime before transaction disruptions begin impacting business continuity.
Outcomes
What You Will Learn
Participants will learn how to:
- Understand the FEMA 2026 regulatory framework and operational implications
- Manage compliance under EDPMS & IDPMS systems
- Identify and close open export-import entries
- Handle Free of Cost (FOC) and small-value transaction compliance
- Reconcile shipping bills, IRMs, GST data, and banking records
- Understand AD Bank approval mechanisms and transaction controls
- Minimise exposure to automated compliance restrictions and penalties
- Strengthen trade finance and working capital processes under the new regime
Methodology
How We Teach
This workshop focuses on practical implementation challenges faced by exporters, importers, finance teams, and compliance professionals.
Learning methodology includes:
- Real trade compliance case studies
- EDPMS / IDPMS operational examples
- Reconciliation and documentation scenarios
- FEMA risk analysis discussions
- Practical frameworks for closing open entries
- Interactive Q&A on operational challenges
Participants gain actionable clarity on how to align internal systems and processes before automated enforcement becomes fully operational.
The Outcome
Impact & Audience
For the Organization
Organizational Impact
The new FEMA framework directly impacts trade operations, banking relationships, GST refunds, export incentives, and transaction continuity.
This workshop helps organizations to:
- Prevent shipment blocks and transaction restrictions
- Reduce unresolved EDPMS / IDPMS exposures
- Improve reconciliation and reporting accuracy
- Strengthen trade compliance systems
- Avoid penalties linked to transaction values and continuing defaults
- Protect working capital and trade finance flexibility
For the Individual
Personal Impact
For finance, export-import, and compliance professionals, understanding FEMA 2026 is becoming a critical capability.
Participants will be able to:
- Confidently manage trade compliance responsibilities
- Coordinate effectively with AD Banks and regulatory systems
- Identify operational and documentation risks proactively
- Improve organizational preparedness for automated enforcement
- Strengthen expertise in FEMA and trade operations compliance
Audience
Who Should Attend
This workshop is recommended for:
- Export & Import Professionals
- Finance Managers & Controllers
- Treasury Teams
- FEMA Compliance Professionals
- Banking & Trade Finance Professionals
- GST & Indirect Tax Professionals
- Logistics & Supply Chain Managers
- Business Owners & Directors involved in international trade
Curriculum
Course Outline
FEMA 2026 — The Big Shift in Import-Export Compliance
- Shift from manual follow-up to system-driven monitoring through banks and portals
- Role of AD Banks in approval, validation, hold, closure and compliance reporting
- Why the receipt or payment of money alone does not complete FEMA compliance
- Impact of unresolved EDPMS / IDPMS entries on future transactions and approvals
- Key risk areas for manufacturing, engineering, chemical, packaging, pharma, trading and service export companies
EDPMS / IDPMS — Open Entries, Realisation Tracking & Closure Risks
- lifecycle of export bills, import payments, BoE and remittance matching
- Proactively tracking EDPMS / IDPMS status instead of relying only on banks
- Common reasons for open shipping bills, open BoE and unresolved IRM/ORM balances
- Ageing analysis of open entries and how small unresolved items become compliance risks
- Practical approach to creating an internal EDPMS / IDPMS tracker
- Bank follow-up process for closure of pending, unmatched, overdue and partially closed entries
Documentation Errors, Mismatches & Bank Query Handling
- Incomplete or incorrect documentation in shipping bills, invoices, BoE and remittance papers
- Mismatch between invoice value, shipping bill value, BoE value and realised/paid amount
- Errors leading to non-matching entries, scrutiny, compliance alerts and repeated bank queries
- Incorrect purpose code reporting and its impact on IRM/ORM and RBI reporting
- Direct dispatch of documents — when permitted, when risky and what evidence is required
- Practical checklist to reduce documentation errors before submission to the AD Bank
FOC, Short Shipment, High Sea Sale & Special Transaction Issues
- FOC shipping bills and BoE flows into EDPMS / IDPMS, and why they remain open
- FOC goods wrongly booked as dutiable goods and GR waiver-related challenges
- Short shipment cases where the shipping bill remains open despite lower shipment or realisation
- High sea sales transactions where the Bill of Entry remains open due to documentation gaps
- Outstanding IRM / ORM balances due to freight, insurance, bank charges, discounts or deductions
- Practical closure approach for legacy cases, value differences and unresolved special transactions
DGFT, GST, eBRC, Service Exports & Data Integration
- Linkage between bank realisation, eBRC, DGFT reporting and GST records
- Cross-verification of GSTIN, invoice details, shipping documents and bank records
- Impact of EDPMS delays and mismatches on GST refunds and compliance profiling
- Service exports and software exports are moving into stricter realisation tracking
- Common gaps in service export invoices, agreements, inward remittances and purpose codes
- Coordinating Finance, GST, EXIM and treasury teams to avoid system-level mismatches
October 2026 Readiness, MTT & Internal Control Framework
- Merchanting Trade Transactions — opportunity, documentation flow and timeline compliance risks
- AD Bank expectations for MTT, inward-outward linkage and closure monitoring
- Preparing a FEMA 2026 readiness checklist before October 2026
- Monthly internal review of open EDPMS / IDPMS entries, BoE, IRM, ORM and bank queries
- Cleaning up open entries, reducing financial exposure and avoiding transaction disruption
Faculty & Inclusions
Your Trainer
Faculty
Instructors
Programs are delivered by experienced professionals specializing in FEMA regulations, trade finance, banking operations, export-import compliance, and international transaction management.
What's Included
Certificates & Inclusions
Participants will receive:
Certificate of Course Completion
Comprehensive training material
FEMA compliance reference notes
Practical reconciliation frameworks
Trade compliance guidance material
Lunch and tea/coffee (for classroom participants)
Registration
Reserve Your Seat
Need Assistance?
Talk to a Programme Advisor
Have questions about your specific industry, or want to enquire about group discounts? Reach out to our programme coordinators directly.
Or register by e-mail
register@princetonacademy.co.inFor Teams
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Upcoming FEMA 2026 Sessions
Questions
Frequently Asked Questions
FEMA 2026 introduces a system-driven trade compliance framework with real-time transaction monitoring through EDPMS and IDPMS systems.
Organizations with unresolved entries may face transaction restrictions, export incentive blocks, outward remittance restrictions, and compliance escalation.
Yes. From October 2026, service exports will also come under stricter realization tracking and compliance mechanisms.
Yes. The workshop includes operational guidance on reconciliation between IRMs, shipping bills, GST data, and banking records.
Yes. Princeton Academy offers customized in-company FEMA and trade compliance training programs.
