DGFT Permits Merchanting Trade in Specific Foreign Destination Excluding CITES and SCOMET Listed Goods [Read Notification]

The amendments excluded the goods/items listed under CITES and the SCOMET categories
By Navasree A.M - On March 1, 2024 10:33 am - 2 mins read
DGFT - Merchanting Trade - DGFT Notification - DGFT permits - TAXSCAN

The Directorate General of Foreign Trade ( DGFT ), through its Notification No. 62/2023 dated February 29, 2024, has introduced a significant amendment to the Foreign Trade Policy, 2023 facilitating  merchanting trade within a single foreign country, subject to compliance with Reserve Bank of India ( RBI ) guidelines. The amendments excluded the goods/items listed…

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