Streamlined Export Process: DGFT Eliminates Physical Duty Payment Submission

The Directorate General of Foreign Trade (DGFT) has made a significant change to the export process by eliminating the requirement for exporters to submit physical duty payment challans when applying for the Export Obligation Discharge Certificate (EODC). This move, aimed at improving the 'Ease of Doing Business', integrates verified digital records into the application process, enhancing efficiency and reducing compliance burdens. Exporters will benefit from quicker processing times and increased transparency, particularly aiding MSME exporters who manage their closure formalities in-house. The DGFT has also issued a trade notice to keep stakeholders informed about these updates.