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CBIC has notified new rules for post-export conversion of export declarations under instrument-based schemes (like Advance Authorisation, EPCG, etc.).

✅ Apply within 1 year (extendable up to 1.5 years)
✅ Must fulfill conditions of new scheme
✅ Can help recover missed export benefits!
The Export Entry (Post Export Conversion in Relation to Instrument-Based Scheme) Regulations, 2025 reflect India’s commitment to ease of doing business, automation, and trade facilitation. For exporters, this is a valuable opportunity to correct errors and claim rightful benefits — with a clearer, digital, and more structured process.

🚨 Important update on proof of origin for FTA claim. 🚨

India has changed its Rules of Origin under FTAs! The term ‘Certificate of Origin’ (CoO) is now replaced with ‘Proof of Origin’, meaning importers must provide additional documents like invoices & production records to claim FTA duty benefits.

⚠️ What This Means for Importers:

✅ Higher compliance requirements
✅ Customs can demand extra proof beyond CoO
✅ Risk of preferential duty denial & penalties if proof is insufficient
✅ Possible clearance delays

📌 Stay informed and make sure you’re compliant with the FTA rules for a smoother import process.

CBIC has introduced “Ekal Anubandh” – a Single Unified Multi-Purpose Electronic Bond for Customs!

✅ One Bond for All Transactions – No need for separate bonds at each port.
✅ Fully Digital Submission via ICEGATE – No paperwork required.
✅ Easy Modifications – You can add new obligations or increase bond amounts anytime.
✅ Electronic Signature & No Notary Needed – Bonds are digitally signed via National E-Governance Services Ltd. (NeSL).
✅ Integrated with Bank Guarantees (BGs) – Direct online linking of BGs with Customs for quick verification.
✅ Real-Time Tracking – Businesses can monitor their bonds and guarantees anytime.

This game-changing initiative simplifies customs procedures, making trade smoother & more transparent. A major boost for EXIM businesses! 🚀

India Updates Its Maritime Trade Laws!

The Bills of Lading Bill, 2025 replaces a 169-year-old shipping law, making trade smoother, reducing disputes and aligning with global standards.

✅ Faster & transparent shipping
✅ Fewer legal complexities
✅ Stronger global trade position

A game-changer for India’s shipping sector!

CBIC has introduced Automation of Refund Applications & Processing to make Customs refunds faster, more transparent, and fully digital. This move aligns with the government’s goal of 100% Customs digitization by mid-2026.

✅ What’s Changing?
1️⃣ Refund Applications Go Digital – No more manual filing!
2️⃣ Faster Processing & Electronic Disbursal
3️⃣ Transparency with Online Tracking via ICEGATE
4️⃣ No More Concurrent Audits – Only Post-Audit for Random Checks
5️⃣ Old Manual System Ends on March 31, 2025

The Indian government has introduced the Furniture (Quality Control) Order, 2025, dated 13th February, 2025, to ensure high-quality standards for furniture products.
Furniture items listed in the government’s notification must meet the Indian Standard specified for them.
They must carry the Standard Mark from the Bureau of Indian Standards (BIS), confirming compliance.

While embarking on the journey of international trade, one key element that demands attention is the fundamental understanding of customs duty. It stands as a cornerstone in the import/export process, demanding meticulous consideration in adherence to each country’s regulations and laws.

While embarking on the journey of international trade, one key element that demands attention is the fundamental understanding of customs duty. It stands as a cornerstone in the import/export process, demanding meticulous consideration in adherence to each country’s regulations and laws.