Follow Us:

The Directorate General of Foreign Trade issued Public Notice No. 54/2025-24 dated 30 March 2026 introducing policy support and relaxation measures for the gem and jewellery sector under Chapter 4 of the Foreign Trade Policy, 2023. In response to prevailing geopolitical developments affecting global trade and logistics, amendments have been made to the Handbook of Procedures, 2023. A one-time relaxation grants an automatic extension of 30 days for re-export, export, and re-import periods where such timelines expire between 1 March 2026 and 31 May 2026. The extension applies across specified paragraphs without requiring any application, fee, amendment, or endorsement. Customs authorities are directed to allow export or import based on these provisions, subject to verification. The measure is intended to facilitate exporters and ease compliance burdens during the affected period by extending timelines and simplifying procedural requirements.

Government of India
Ministry of Commerce and Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan

Public Notice No. 54/2025-24-DGFT | Dated March 30, 2026

Subject: Policy Support and Relaxation Measures for the Gem & Jewellery sector under Chapter 4 of FTP-2023.

F. No. 01/94/180/116/AM26/PC-4.— In view of the prevailing geopolitical developments affecting global trade and logistics, and with a view to facilitating exporters, the Director General of Foreign Trade, in exercise of the powers conferred under Paragraphs 1.03 and 2.04 of the Foreign Trade Policy, 2023, as amended from time to time, hereby makes the following amendments in the Handbook of Procedures, 2023 (HBP 2023).

2. The following provisos are added at the end of Paragraphs 4.74(c), 4.76(c), 4.79 (c) (i) (a), 4.81(b), 4.82(b) and 4.83(c) of the Handbook of Procedures, 2023:

(i) Para 4.74 (c) of HBP, 2023

“However, as a one-time relaxation, in cases where the re-export period is expiring on or between 01.03.2026 and 31.05.2026, such re-export period shall stand automatically extended by 30 days from the date of its expiry.”

(ii) Paras 4.76(c), 4.81 (b), 4.82 (b) and 4.83 (c) of HBP, 2023

“However, as a one-time relaxation, in cases where the export period is expiring on or between 01.03.2026 and 31.05.2026, such export period shall stand automatically extended by 30 days from the date of its expiry.”

(iii) Para 4.79 (c) (i) (a) of HBP, 2023

“However, as a one-time relaxation, in cases where the re-import period is expiring on or between 01.03.2026 and 31.05.2026, such re-import period shall stand automatically extended by 30 days from the date of its expiry.”

3. No separate application, composition fee, amendment, or endorsement shall be required to be made by any authority to avail this.

4. Customs Authorities shall permit export/import (as applicable) in accordance with the above provisions, subject to the necessary verification of relevant details.

Effect of the Notification: Facilitative provisions for the Gems and Jewellery sector under Chapter 4 of HBP-2023 have been incorporated in response to recent geopolitical developments in West Asia, and the export/import (as applicable) period for specific categories is being extended by 30 days without any requirement for fees or an application.

(Lay Agarwal)
Director General of Foreign Trade
& Ex-officio Additional Secretary to the Government of India
E-mail: dgft@nic.in

(Issued from File No. 01/94/180/116/AM26/PC-4)

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Ads Free tax News and Updates
Search Post by Date
April 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930