Economy

Government Exempts Small Exporters from Registration to Ease Compliance

The Hindu16h
THE BRIEF
1

The Ministry of Commerce and Industry announced a de minimis exemption exempting small-value export consignments up to ₹3 lakh from official registration requirements.

2

The policy aims to reduce compliance burdens for new and small exporters utilizing postal, courier, and other emerging digital trade channels.

3

Government data indicated that low-value consignments up to $3,000 account for 43% of shipping bills but represent only 0.86% of total merchandise export value.