Trade & Tariffs

196 briefs

IFSCA ·

IFSCA broadens Qualified Jeweller eligibility for bullion import through IIBX, dropping net-worth bar for SEZ exporters and adding GJEPC members

IIBX and bullion-market participants must apply IFSCA's broadened Qualified Jeweller eligibility — net-worth bar removed for SEZ jewellery exporters, GJEPC RCMC holders added — and the new DGFT silver-import restrictions

RBI ·

Reserve Bank of India shortens the export-proceeds realisation period to nine months from fifteen

Exporters and their Authorised Dealer banks must realise and repatriate the affected export proceeds within nine months, down from fifteen, under the amended FEMA Export of Goods and Services Regulations.

PIB ·

Office of Economic Adviser, DPIIT revises WPI base year to 2022–23

Contract and procurement teams must migrate escalation clause references from WPI 2011-12 to Output PPI or the new WPI 2022-23 series before 15 June 2031 — the old series will be discontinued on that date.