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India DGFT Seeks Inputs on Proposed Amendment to FTP 2023: De Minimis Exemption from RCMC Requirements for Low-Value Exports

Original: Inputs on proposed amendment to Para 2.57 of FTP 2023 relating to de minimis exemption from RCMC requirements for low-value exports – regarding.

India’s DGFT is soliciting stakeholder inputs on a proposed amendment to paragraph 2.57 of the Foreign Trade Policy 2023, which would introduce a de minimis exemption from Registration-cum-Membership Certificate (RCMC) requirements for low-value exports. The amendment aims to reduce compliance burdens for small exporters. Stakeholder comments are being sought before finalizing the policy change.

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