India’s DGFT has issued a notification providing time-limited support measures for exporters affected by geopolitical disruptions in the Gulf and West Asia maritime corridor. The measure appears to address trade facilitation relief for exporters facing shipping route disruptions. Specific provisions likely include deadline extensions or procedural relaxations under India’s foreign trade policy.
Country/Institution Archives:In
Restoration of RoDTEP Rates
India’s DGFT has issued a notification restoring RoDTEP (Remission of Duties and Taxes on Exported Products) rates. RoDTEP is a key export incentive scheme that reimburses duties and taxes on exported goods. The restoration of rates directly affects tariff-related export benefits for Indian exporters.
Amendment to Import Policy Condition for Urea (Exim Code 31021010) under ITC HS 2022 Schedule I
India’s DGFT has issued Notification No. 68 amending the import policy conditions for Urea under ITC HS code 31021010 in Schedule I of ITC HS 2022. The change affects the import policy regime for this fertilizer commodity. Specific revised conditions govern how urea may be imported into India.
Amendment in Para 9.05 of FTP 2023 to remove per-consignment value limit for courier exports
India’s DGFT has amended paragraph 9.05 of the Foreign Trade Policy 2023 to remove the per-consignment value cap on exports made via courier. This change liberalizes courier export procedures, allowing higher-value shipments to use the courier channel without restriction.
Extension of Free Import Policy for Tur/Pigeon Peas (HS 0713 60 00) until 31 March 2027
India’s DGFT has extended the ‘Free’ import policy for Tur/Pigeon Peas under ITC (HS) 0713 60 00 until 31 March 2027. This maintains unrestricted import access for the commodity under Schedule I of the Import Policy. The extension continues a policy designed to ensure domestic supply availability.
India Extends Free Import Policy for Urad (Black Gram) Until March 2027
India’s DGFT has extended the ‘free’ import policy for urad (Vigna mungo) under ITC(HS) code 07133110 until 31 March 2027. This maintains unrestricted import access for the pulse commodity, which had been liberalized to manage domestic supply and prices.
Extension of Import Period for Yellow Peas (ITC HS 07131010)
India’s DGFT has extended the import period for yellow peas under ITC (HS) code 07131010, Chapter 07, Schedule-1 of ITC (HS) 2022. The notification amends the import policy for this commodity, affecting the window during which yellow peas may be imported. This is a specific market access and trade policy measure for an agricultural commodity.
Extension of Minimum Import Price (MIP) on Paper Products under ITC HS Chapter 48
India’s DGFT has extended the Minimum Import Price condition on specific paper products classified under Chapter 48 of ITC HS 2022, Schedule I (Import Policy). This non-tariff measure sets a floor price for imports of the covered items. No further details are available in the snippet.
Continuation of RoDTEP Scheme beyond March 31, 2026
India’s DGFT has notified the continuation of the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme beyond March 31, 2026. The scheme provides reimbursement of embedded duties and taxes to exporters, functioning as an export support measure. No further details on revised rates or conditions are available from the snippet.
Amendment to Foreign Trade Policy 2023: One-time Relaxation for Gems and Jewellery Sector
India’s DGFT has issued Notification No. 73 amending Paragraph 4.43 of the Foreign Trade Policy 2023 to provide a one-time relaxation for the Gems and Jewellery sector. The amendment modifies existing trade policy provisions applicable to this export-oriented sector. Specific details of the relaxation are not available in the snippet.