DGFT amends Handbook of Procedures 2015-2020 for implementation of all Policy Relaxation Committee decisions

LegalitySimplified

Directorate General of Foreign Trade vide Public Notice dated the 28th February, 2023 has amended the Handbook of Procedures 2015-2020 to integrate a uniform and transparent system for implementation of all Policy Relaxation Committee(PRC) decisions.

It also seeks to implement the previous decisions involving process of levying Composition Fee in case of extension of Export Obligation Period (BOP) and/or regularization of exports already made under Advance Authorization Scheme, for ease of doing business and reduction of transaction cost.

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