India, Sept. 2 -- The Government of India issued the following news release:
The chemical industry has warmly received a key decision by the Directorate General of Foreign Trade (DGFT) issued at the behest of Department of Chemicals and Petrochemicals (DCPC), vide Notification No. 28, dated 28.05.2025, which extends the Export Obligation period under Advance Authorization for products falling under mandatory Quality Control Orders (QCOs) notified by the DCPC. The Export Obligation timeframe has now been extended from 6 months to 18 months, offering a substantial buffer to the industry.
This follows a similar adjustment for QCOs notified by other ministries, such as Textiles, where the period was also extended to 18 months. This measure ex...