DGFT Announces EPCG Relief for Exporters as 450+ Product Groups See Over 5% Export Decline [Read Circular]

DGFT grants EPCG relief to exporters as over 450 product groups witness export decline exceeding 5% in FY 2023–24.
DGFT EPCG relief - Export decline - DGFT policy update - Taxscan

The Directorate General of Foreign Trade (DGFT) issued Policy Circular No. 11/2024-25 dated January 21, 2025, granting relief under the Export Promotion Capital Goods (EPCG) Scheme to exporters facing challenges in meeting export obligations due to a substantial fall in overseas demand across several product categories. According to the circular, over 450 product groups recorded…

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