DGFT updates 17-23 August 2026: raw sugar TRQ and float glass MIP

FTP Paras 2.52 and 2.53 now let export contracts and invoices, other than ACU-member trades, be denominated in foreign currency or Indian rupees, with realisation in foreign currency or rupees as specified.

• Record: Amendment in Para 2.52 and 2.53 of the Foreign Trade Policy 2023

One Star Export House status (other than gems and jewellery) now needs export performance in any two of the three preceding financial years, not all three.

• Record: Amendment in Para 1.25 of the Foreign Trade Policy, 2023

Para 4.63 drops the Compensation Cess exemption on Diamond Imprest Authorisation imports because that cess ended on 1 February 2026; the IGST exemption continues.

• Record: Amendment to Para 4.63 of FTP 2023

After a PRC or EPCG Committee grants an export-obligation extension, the DGFT system now issues the extension letter on fee payment without a second Regional Authority application, and sends the new expiry date to ICEGATE.

• Record: Introduction of Automated Facility for Grant of Export Obligation Extension through PRC/EPCG Committee – Ease of Doing Business