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The Economic Times

Economy / The Economic Times

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Govt grants relaxation to fulfil export obligation

Exporters receive significant relief from the government. Authorisations under Advance and Export Promotion Capital Goods schemes are automatically extended. This applies to authorisations expiring between March 1 and May 31, 2026. The extension is granted without any composition fee. This move supports exporters facing international shipping challenges. It ensures India's export performance remains strong.

7 Mar 2026 11:44 pm