On the first day of the new financial year, the Indian government introduced significant trade facilitation reforms aimed at supporting exporters. The Remission of Duties and Taxes on Exported Products (RoDTEP) scheme has been extended for another six months, until September 30, 2026. This extension allows eligible export products to benefit at existing rates, providing crucial stability amid rising logistics costs and supply chain disruptions.
Additionally, the government has removed the longstanding ₹10 lakh cap on consignment values for exports via international courier. This change, effective April 1, enables small exporters, e-commerce sellers, and artisans to ship higher-value goods more easily. It opens up broader access to global markets through courier services like DHL, FedEx, and UPS, addressing a key barrier to meeting India’s ambitious e-commerce export targets.
Furthermore, the Reserve Bank of India has extended export credit relief for exporters until June 2026, accommodating ongoing disruptions in West Asia. This includes preferential credit rates and easier documentation to assist exporters facing cash flow challenges. The DGFT has also provided additional time for gem and jewellery sector exports and extended urea import deadlines to ensure agricultural supply continuity.
