New Delhi: The Central government has announced temporary relaxations for Indian exporters to prevent trade disruptions amid the ongoing conflict situation in West Asia.
In a statement, the Directorate General of Foreign Trade (DGFT) said recent geopolitical developments have affected international shipping routes and global supply networks. In view of this, the government is easing the export condition linked to duty-free imports, which requires exporters to meet specified export quantities within a fixed time period.
Under the relaxation, export deadlines that were set to expire between March 1 and May 31, 2026 will now be extended up to August 31. The DGFT clarified that no penalty will be imposed for this extension.
The move comes as exporters are already facing pressure due to higher US tariffs. The report noted that the US–Israel conflict against Iran has contributed to increases in sea and air freight charges as well as insurance premiums, which could hurt the price competitiveness of Indian goods if the situation persists.
