The Directorate General of Foreign Trade (DGFT) has updated its export schedule to declare several inorganic and organic chemicals, along with other items, as 'free' for export. This move aims to liberalize trade and facilitate exports.
DGFT Revises Export Schedule
The Directorate General of Foreign Trade (DGFT) has made significant revisions to its export schedule, declaring numerous inorganic and organic chemicals as 'free' for export. This decision is part of a broader strategy to liberalize trade and enhance export opportunities for Indian manufacturers.
The new schedule not only covers chemicals but also extends to various other exported items including fruits, seeds, extracts, plastics, leather, and machinery. This change is indicative of the government’s efforts to boost the export sector and reduce trade barriers.
Legal experts and businesses in the export industry should take note of these revisions, as they impact compliance requirements and provide opportunities for new ventures in export trade. Companies should review their processes and assess alignment with the new regulations to maximize benefits from these liberalized trade measures.
Citations
- DGFT Notification (2026) DGFT/2026-27/45
