Manmade and Technical Textiles Export Promotion Council (MATEXIL)

Merchanting Trade

Ref: ES/CIR/35/2023-24                                                                                                                                    March 7, 2024

To: Members of the Council 

Dear Sir/Madam, 

Sub: Merchanting Trade

As you are aware, Merchanting Trade covers shipment of goods from one foreign country to another foreign country without touching Indian ports subject to compliance of RBI  Guidelines.

In this regard, DGFT has now issued Notification No . 62/2023 dated 29.02.2024 to allow shipment of goods within one specific foreign country also under the purview of Merchanting Trade subject to compliance of RBI Guidelines .

A copy of DGFT Notification No.  62/2023 dated 29.02.2024 is enclosed herewith (Click to Open).

This is for your kind information.

Thanking You 


A Ravi Kumar 

Executive Director