Chemical Export Boost Announced

  Published 7 months ago

DGFT extends Export Obligation for chemical QCOs from 6 to 18 months, strengthening exporters' global competitiveness.

  • Chemical exporters gain an extended 18-month timeframe, reducing compliance pressure and improving ease of international trade operations.
  • Advance Authorization allows duty-free raw material imports, ensuring seamless exports while bypassing mandatory Quality Control Order restrictions.
  • Government targets sector growth, highlighting USD 46.4 billion chemical exports contributing 10.6% to India's total exports.

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