India's DGFT extends export authorisations expiring Mar 1–May 31, 2026
→Exporters' compliance teams must record automatic extensions for authorisations expiring Mar–May 2026
Change
India's DGFT extended authorisations under Advance and Export Promotion Capital Goods (EPCG) schemes expiring Mar 1–May 31, 2026.
Why it matters
Extensions are granted without payment of the composition fee. The EPCG scheme ties duty-free imports to export obligations. Those export obligations now follow the extended timelines.
Implications
- — Exporters' compliance teams must update obligation trackers now or incur unnecessary composition-fee payments.
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Source
View on Economic Times