The Director General of Foreign Trade (DGFT) has issued a Public Notice under the powers conferred by paragraphs 1.03 and 2.04 of the Foreign Trade Policy (FTP) 2023, announcing an amendment to Para 4.84(b) of the Handbook of Procedures (HBP) 2023. The amendment comes into immediate effect and aims to ensure consistency between procedural provisions of the HBP and Para 4.36(a) of the FTP.
Overview of the Amendment:
The change specifically relates to the Export Obligation Period (EOP) for Advance Authorisation holders importing materials for jewellery manufacturing and export. The amendment clarifies the timelines within which export obligations must be fulfilled and removes any ambiguity regarding extensions.
S. No. |
Para No. |
Existing Para |
Amended Para |
|
1 |
4.84(b) |
Export Obligation will be required to be fulfilled within 120 days from date of import of each consignment against Authorisation. However, Export Obligation period shall be 180 days from date of import of findings, mountings made of gold, platinum and silver and export of jewellery. No further extension in Export Obligation period will be allowed. Advance Authorisation holder may also import gold as replenishment after completion of exports. |
Export Obligation will be required to be fulfilled within 120 days from the date of import of each consignment against Authorisation. However, Export Obligation period shall be 180 days from the date of import of findings, mountings made of gold, platinum and silver and to export of jewellery. No further extension in Export Obligation period will be allowed |
Key Highlights:
- Immediate Applicability: The amendment is effective from the date of issuance.
- Export Obligation Period:
- 120 days – for all general imports under Advance Authorisation.
- 180 days – for imports of findings, mountings made of gold, platinum, or silver, and for exports of jewellery.
- No Extension: The Export Obligation period is non-extendable under any circumstances.
- Alignment Objective: This amendment brings procedural clarity and aligns Para 4.84(b) of the HBP with Para 4.36(a) of the FTP 2023.
Impact on Trade:
This clarification is expected to streamline export compliance timelines for the jewellery sector and reinforce uniformity across DGFT procedures and FTP provisions. It simplifies interpretation for Advance Authorisation holders, especially those engaged in precious metal exports, by ensuring a standard obligation period across both policy and procedural frameworks.
Effect of this Public Notice:
The amendment aligns the procedural provision of Para 4.84(b) of the Handbook of Procedures 2023 with Para 4.36(a) of the Foreign Trade Policy 2023, ensuring consistency in Export Obligation timelines and procedural implementation.
Notification Reference: DGFT
Public Notice No. 28 /2025-2026
23 /10 /2025
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