The CBIC has issued Circular No. 08/2026 Customs dated 28 February 2026 to operationalise the extension of the Deferred Payment of Customs Duty facility to a new category called Eligible Manufacturer Importer, or EMI. The facility is intended to reduce cash flow friction and expedite clearance for eligible manufacturing importers by allowing payment of import […]
India’s export competitiveness is increasingly shaped by what happens after shipment. In global markets, buyers expect faster delivery, local inventory availability, efficient fulfilment, and responsive service. For many Indian exporters, especially MSMEs, this remains a major challenge. To address this gap, the Government has introduced FLOW (Facilitating Logistics, Overseas Warehousing and Fulfilment) under the Export […]
30 percent reimbursement of the eligible freight cost for MSME exporters in remote and low export intensity districts India’s export ecosystem has long faced a structural imbalance. MSMEs located in remote and hinterland regions often produce high quality, globally relevant products, but struggle to compete because of high logistics and inland freight costs. To address […]
A practical support window for MSME exporters to meet global compliance requirements India’s export ecosystem is increasingly shaped by product standards, certification requirements, testing protocols, traceability norms, and technical regulations imposed by importing countries. For many MSMEs, the cost of complying with these requirements becomes a major barrier to entering or expanding in global markets. […]
1. Context and applicability The Reserve Bank of India has notified the Foreign Exchange Management (Borrowing and Lending) (First Amendment) Regulations, 2026, which substantially revises the regulatory framework governing External Commercial Borrowings in India. The Amendment modifies the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018. The amended framework takes effect from the date of […]
India and the European Union have concluded and signed a landmark Free Trade Agreement (FTA) at the India EU Summit in New Delhi on 27 January 2026, positioning it as one of the largest trade deals by market size and strategic heft. What makes this deal commercially important is its breadth. It combines large-scale tariff […]
The Reserve Bank of India has notified the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, bringing export and import of goods and services under one consolidated FEMA regulation. The Regulations come into force from 01 October 2026 and are issued in supersession of the FEMA Export of Goods and Services […]
On 18 December 2025, India and Oman signed the India Oman Comprehensive Economic Partnership Agreement, a wide ranging trade pact covering goods, services, investment and cooperation on key trade frictions. For Indian businesses, the headline is straightforward: Oman has committed zero duty access on 98.08% of its tariff lines, covering 99.38% of India’s exports to […]
1. Background and policy context On 11 December 2025, Mexico approved a new tariff regime targeting imports from countries that do not have a free trade agreement with Mexico. This category includes India, China, South Korea, Thailand and Indonesia among others. The stated objectives are to: Although the policy is formally non-discriminatory across all non-FTA […]
Executive summary Section 18A creates a formal route for importers and exporters to correct entries in a Bill of Entry, Shipping Bill, Bill of Export, or entries made under section 84, after out-of-charge or Let Export Order. The Central Board of Indirect Taxes and Customs has notified the Customs (Voluntary Revision of Entries Post Clearance) […]