DGFT Extends Period to fulfill Export Obligation on Import of Coconut Oil from 90 days to 6 months

DGFT has extended the period for fulfilling export obligations related to the import of coconut oil. The period, previously set at 90 days, has now been extended to 6 months. This extension is aimed at providing relief to exporters who faced difficulties in meeting the deadlines due to logistical challenges and other constraints. The move is expected to ease the compliance burden on businesses and improve their ability to meet export obligations in a timely manner, fostering greater confidence in the international trade ecosystem.