Summary: DGFT Trade Notice No. 23/2026-2027 dated August 28, 2026 informs exporters, members of trade and Regional Authorities about enhanced functionalities deployed in the Bank Guarantee (BG) Repository Module on the DGFT Portal. The enhancements cover the Customer Portal (CP) and Back Office (BO) interfaces and are intended to streamline processing and facilitate proactive monitoring of Bank Guarantees. A new “Purpose” field identifies whether a BG is a fresh submission or replacement of an existing BG, while system-triggered email alerts will be sent to exporters 60 days and 45 days before expiry. Regional Authorities may generate and digitally sign communications concerning renewal/replacement of BGs, renewal notices to banks, encashment notices to banks and return of BGs to exporters. The module also provides structured BG status tracking, including Pending Acceptance, Accepted, Replaced, Returned on EODC, Encashment Notice to Bank Issued, Renewal Notice to Exporter Issued and Renewal Notice to Bank Issued. BGs declared under the Bills Repository remain in Pending Acceptance until accepted by the concerned Regional Authority, with automatic status updation to Accepted where the BG is linked to an invalidation file under AA/EPCG upon approval of that invalidation file. The enhancements are intended to reduce paper-based tracking, facilitate monitoring of expiring BGs, streamline linking of replacement BGs and enable uniform digitally signed communications. A User Manual is available on the DGFT Website, and stakeholders are requested to adopt the enhanced functionalities. The Trade Notice has been issued with the approval of the competent authority.
Government of India
Ministry of Commerce and Industry
Department of Commerce
Trade Notice No. 23/2026-2027-DGFT | Dated: August 28, 2026
To,
1. All Exporters/Members of Trade
2. All Regional Authorities of DGFT
Subject: Introduction of new features in the Bank Guarantee (BG) Repository Module on DGFT Portal – regarding.
Introduction of Enhanced Bank Guarantee Repository Features
Kind attention is drawn to the subject cited above. In this regard, it is informed that enhanced functionalities have been deployed in the Bank Guarantee (BG) Repository Module on the DGFT Portal, covering the Customer Portal (CP) and Back Office (BO) interfaces, with a view to streamline processing and facilitate proactive monitoring of Bank Guarantees.
Key Functionalities in BG Repository Module
2. The following key points may be noted:
i. A “Purpose” field has been introduced for indicating whether the BG is a fresh submission or replacement of an existing BG. System-triggered email alerts will be sent to exporters 60 days and 45 days prior to expiry of a BG.
ii. Regional Authorities may generate and digitally sign communications through the portal for renewal/replacement of BG, renewal notice to Bank, encashment notice to Bank and return of BG to exporter, as applicable.
iii. A structured mechanism has been provided for tracking BG status, including Pending Acceptance, Accepted, Replaced, Returned on EODC, Encashment Notice to Bank Issued, Renewal Notice to Exporter Issued and Renewal Notice to Bank Issued.
iv. BGs declared under the Bills Repository shall remain in “Pending Acceptance” until accepted by the concerned RA. Where such BG is linked to an invalidation file under AA/EPCG, its status shall automatically be updated to “Accepted” upon approval of the invalidation file.
The enhanced digital tracking and monitoring approach supplements the existing DGFT framework for management of Bank Guarantees. TaxGuru has previously published DGFT material concerning monitoring and revalidation of Bank Guarantees.
Purpose of the Enhancements and User Manual
3. The above enhancements are intended to reduce paper-based tracking, enable proactive monitoring of expiring BGs, streamline linking of replacement BGs and facilitate uniform, digitally signed communications across Regional Authorities.
4. A User Manual detailing the relevant workflows is available for guidance and effective adoption on the DGFT Website.
5. All concerned stakeholders are requested to take note of the above and ensure effective adoption of the enhanced functionalities.
This Trade Notice is issued with the approval of the competent authority.
(Ashwani Kumar Ojha)
Deputy DGFT
(Issued from File No. 5(7)/2021-22/StatDiv)
