India extends EPCG and Advance authorisations for exporters

Change
India automatically extended Advance and Export Promotion Capital Goods authorisations that were set to expire between March 1 and May 31, 2026, and waived composition-fee payments for those extensions.
India extends EPCG and Advance authorisations for exporters
Why it matters
Enforcing expiry-linked penalties for authorisations in the early-2026 window is now harder because regulators cannot rely on fee-based extensions to compel immediate compliance. That reduces near-term administrative and cash-flow pressure on exporters navigating disrupted international shipping routes.
Implications
  • Exporters holding Advance or Export Promotion Capital Goods (EPCG) authorisations expiring between March 1 and May 31, 2026 should update compliance calendars and delay filing paid extension requests.
  • India's Directorate General of Foreign Trade must implement automated extension processing and suspend collection of composition fees for the affected permits.

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Source

Economic Times

Topics

Policy & Regulation Trade & Tariffs Regulatory Actions Compliance

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