DGFT has invited comments on proposed amendments to Schedule-II of ITC (HS) 2022 to align export policy provisions with changes introduced by the Finance Act, 2026. Stakeholders have been given seven days to submit their suggestions.
DGFT has introduced electronic Preferential Certificates of Origin through the Trade Connect platform for exports to Oman under the India-Oman CEPA. The move digitizes issuance, verification, and authentication of origin certificates.
DGFT announced that unutilized Pharma Grade Sugar export quota may be transferred to a common pool if exporters have utilized less than 50% of allocated quantities. Exporters must submit utilization certificates and valid export contracts to retain allocations.
The DGFT introduced a digital system for issuance of Certificates of Origin for Agarwood exports through the Trade Connect ePlatform. The module aims to ensure transparency, paperless processing, and compliance with international trade requirements including CITES norms.
DGFT clarified that banks may submit interest subvention claims even where UINs were generated after export credit disbursal during the transition phase. The relaxation was introduced to address practical implementation challenges faced by exporters and lending institutions under the EPM scheme.
The trade notice introduces an electronic system to resolve difficulties faced in using manually issued EPCG scrips. It enables seamless processing and transmission for better compliance.
The notification includes 167 new tariff lines under Chapter 72 for interest subvention benefits, but restricts eligibility exclusively to Micro and Small Enterprises.
The DGFT has extended its EODC issuance drive until May 31, 2026 to clear pending applications under AA and EPCG schemes. The move emphasizes faster disposal of old and deficient cases while reducing compliance burden on exporters.
The notice clarifies eligibility, UIN requirements, and claim procedures under the export credit scheme. It emphasizes strict compliance and limits benefits to eligible disbursements.
The Bengaluru CGST zone cautioned taxpayers about individuals posing as GST officers. Taxpayers were advised to verify officer identity, authorization, and DIN before allowing inspections.
