India DGFT: Implementing Agency for Export Credit Interest Subvention Transfers from RBI to EXIM Bank

India’s DGFT has issued Trade Notice 17/2026-27 announcing the transfer of the implementing agency for the Interest Subvention Support for Pre- and Post-Shipment Export Credit under the Export Promotion Mission (Niryat Prothsahan) from the Reserve Bank of India to the Export-Import Bank of India. The change affects how exporters access subsidized credit for export financing. […]

India DGFT Automates Export Obligation Extension Process via PRC/EPCG Committee

India’s DGFT is introducing an automated facility for granting Export Obligation (EO) extensions under the EPCG scheme through the PRC/EPCG Committee, aimed at improving ease of doing business. The automation streamlines the approval process for exporters seeking extensions on their export obligations tied to capital goods imports under concessional duty. This is a procedural reform […]

Harmonisation of Schedule-II (Export Policy), ITS (HS) 2022 with Finance Act 2026

India’s DGFT has issued a notification harmonising Schedule-II (Export Policy) of the Indian Trade Classification (Harmonised System) 2022 with the Finance Act 2026. This update aligns export policy classifications with the revised tariff schedule introduced through the Finance Act. The changes affect the legal framework governing India’s export controls and export licensing requirements.

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