New Delhi, March 7 -- The Ministry of Commerce and Industry has announced a facilitation measure for exporters by extending the Export Obligation (EO) period for certain export promotion schemes in view of prevailing geopolitical developments impacting global shipping routes, logistics corridors, and international supply chains.

According to the Ministry of Commerce & Industry, through public notice issued on March 6, DGFT has provided for automatic extension of the Export Obligation (EO) period or Block-wise EO fulfillment period up to August 31, 2026, for specified Advance Authorisations and Export Promotion Capital Goods (EPCG) Authorisations where the EO period is expiring between March 1, 2026, and May 31, 2026.

The extension shall...