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DGFT updates export policy for all products to promote ease of doing business

Adnan MaharBy No Comments3 Mins Read0 Views


DGFT, an arm of the Commerce Ministry, on Monday updated the export policy for all products and specified detailed conditions for each item to facilitate trade in the country. Previously, specific policy conditions were only outlined for products that were subject to specific restrictions or fell under some norms.

The Directorate General of Foreign Trade (DGFT) in a notification said that ‘Schedule II (Export Policy)’ has been notified in sync with the Finance Act, 2024 dated August 16, 2024.
It added that the updated schedule includes the current export policy for all ITC (HS) codes and specific policy conditions (if any) to be met.

Officials said this will help know the policy conditions for all products.

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In international trade terminology, all products are classified under Indian Trade Classification (Harmonized System) – ITC (HS). It helps to systematically categorize products from all over the world.



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Adnan is a passionate doctor from Pakistan with a keen interest in exploring the world of politics, sports, and international affairs. As an avid reader and lifelong learner, he is deeply committed to sharing insights, perspectives, and thought-provoking ideas. His journey combines a love for knowledge with an analytical approach to current events, aiming to inspire meaningful conversations and broaden understanding across a wide range of topics.

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