The Directorate General of Foreign Trade (DGFT) has introduced a one-time relaxation extending export obligation, re-export, and re-import timelines by 30 days for the gem and jewellery sector. The move, notified under Chapter 4 of the Handbook of Procedures (HBP) 2023, is aimed at easing pressure arising from ongoing geopolitical disruptions impacting global trade and logistics.
Under the public notice dated 30 March 2026, export periods expiring between 1 March and 31 May 2026 will automatically receive a 30-day extension. A similar extension applies to re-import and re-export timelines falling within the same window, providing operational flexibility to exporters managing delayed shipments and supply chain constraints.
The DGFT clarified that exporters will not be required to file any separate application, pay composition fees, or seek amendments or endorsements to avail of the relief. Customs authorities have been directed to permit exports and imports in line with the revised timelines, subject to standard verification procedures.
The notification is positioned as a facilitative measure to support the sector amid volatility in West Asia and related logistics challenges, ensuring continuity in trade flows without additional compliance burden.