The Director General of Foreign Trade vide circular dated 26 November, 2021 has provided following best practices for safe custody of digital tokens, documents, scrips and secure online transactions. Exporters are advised to ensure that duty credit scrips are accounted for and reflected in their online module, is such scrips have not been transferred/utilized by them.
Additional Factor of Authentication (AFA) for cross-border Card Not Present (CNP) transactions
Reserve Bank of India today placed on its website draft directions on Additional Factor of Authentication (AFA) for cross-border Card Not Present (CNP) transactions for