Relief to Exporters: DGFT reduces Export Value Addition Shortfall Deposit from 3% to 1%

The Directorate General of Foreign Trade (DGFT) has reduced the mandatory export value addition shortfall deposit from 3% to 1%, providing relief to exporters. This measure aims to ease financial burdens on exporters and enhance competitiveness in international markets. The reduction in deposit requirements encourages smoother operations for exporters dealing with varied market conditions and economic pressures. This adjustment reflects ongoing efforts to streamline export procedures and support business growth in challenging global trade environments.