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of <h1>DGFT Amends Handbook: New Certification Options, EPCG License Updates, & Bank Guarantee Adjustments for Exporters.</h1> The circular issued by the Director General of Foreign Trade amends the Handbook of Procedures Vol. I under the Export and Import Policy 2002-2007. Key amendments include: service providers can now certify installation and inventory through excise authorities or chartered engineers; changes to the clubbing of EPCG licenses, including export obligation periods and conditions; adjustments to bank guarantee requirements for various exporter categories, with specific conditions for manufacturer and merchant exporters; introduction of corporate guarantees for status holders; and procedural updates for duty-free credit entitlement applications. These changes aim to streamline compliance and enhance clarity in export-import operations.
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