Business & Strategy

In a significant compliance development, service exporters will come under the Export Data Processing and Monitoring System (EDPMS) framework effective 1 October 2026. This marks a major shift in the regulatory reporting structure for service exports and brings service exporters closer to the monitoring framework already followed for merchandise exports.…

The Government of India, through a recent notification issued by the Directorate General of Foreign Trade (DGFT), has announced the extension of the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme beyond March 31, 2026. This decision provides a clear signal of policy continuity, offering exporters a stable…

The export industry recently witnessed a major update as the government revised the earlier 50% reduction in RoDTEP rates. This decision has brought a sense of relief to exporters who were dealing with uncertainty and rising cost pressures. For businesses engaged in international trade, policy changes like these directly impact…

In a significant policy facilitation measure, the Directorate General of Foreign Trade (DGFT) has announced an automatic extension of the Export Obligation (EO) / block EO period for holders of Advance Authorisation and EPCG Authorisation. This extension applies to authorisations where the EO period was scheduled to expire between 01…

A major development in global trade policy occurred after a U.S. federal trade court ordered the government to begin the process of refunding tariffs that had previously been declared unlawful. The ruling follows an earlier decision by the Supreme Court of the United States which invalidated several tariffs imposed under…

The recent reduction of the Remission of Duties and Taxes on Exported Products (RoDTEP) benefit by 50% has created serious concern among exporters across multiple sectors. Since RoDTEP plays a key role in neutralizing embedded taxes and duties that are not otherwise refunded, any reduction directly impacts export cost competitiveness.…

The global trade environment witnessed a major policy shift after the United States Supreme Court struck down several sweeping tariffs imposed under the Trump administration. Within hours of this legal setback, a new 10% tariff on imports was announced, creating fresh uncertainty in international trade and cost planning for exporters…

India and the European Union are moving closer to finalising a long-awaited Free Trade Agreement (FTA) that could significantly reshape bilateral trade and investment flows. Given the size of both economies, this agreement is being viewed as one of the most consequential trade partnerships India has pursued in recent years.…

Export promotion schemes such as Advance Authorisation and EPCG (Export Promotion Capital Goods) play a vital role in reducing import costs for exporters. While fulfilling the export obligation (EO) is the primary requirement under these schemes, the compliance process does not end there. Once the export obligation is completed and…

India and New Zealand have taken a significant step toward strengthening their bilateral relationship by advancing discussions around a Free Trade Agreement (FTA). This proposed agreement aims to enhance economic cooperation, boost bilateral trade, and create new opportunities for businesses in both countries. With global supply chains evolving and countries…