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Launch of Collateral Support for Export Credit under Export Promotion Mission (EPM) – NIRYAT PROTSAHAN
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Collateral support for export credit offers guarantee coverage up to Rs.10 crore to help MSME exporters access export working capital.
Pilot launch of Collateral Support for Export Credit under EPM NIRYAT PROTSAHAN provides credit guarantee support via CGTMSE for export linked working capital to eligible MSME exporters holding active IEC and Udyam registration. Coverage: up to 85% for Micro and Small exporters and 65% for Medium exporters, with a per borrower guarantee ceiling of Rs.10 crore (FY 2025 26). Coverage limited to exports on a notified HSN six digit positive list; MLIs (scheduled banks and select financial institutions registered with CGTMSE) originate loans, validate online UINs and apply for guarantees subject to annual guarantee fees and CGS I terms.
Launch of Interest Subvention for Pre- and Post- Shipment Export Credit under EXPORT PROMOTION MISSION – NIRYAT PROTHSAHAN
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Interest subvention for MSME pre- and post-shipment export credit launched: 2.75% rate, Rs50 lakh annual cap, RBI pilot.
Launch of an interest subvention under Niryat Protsahan to provide a rules-based 2.75% per annum interest relief on pre- and post-shipment rupee export credit for eligible MSME manufacturer and merchant exporters. Support is limited to interest cost, subject to lending in accordance with RBI directions, restricted to exports under a notified HSN six-digit positive list, and capped at Rs 50 lakh per exporter per financial year. Banks must pass benefits upfront and claim monthly reimbursement from RBI via a designated portal, with intent filing and UIN linkage for verification.
Specification of the consequential requirements with respect to Amendment of Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992
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Merchant Bankers must meet phased net worth and liquid net worth requirements, with CA certification and re categorisation timelines.
Amendments enact revised capital adequacy and a new liquid net worth requirement effective January 3, 2026; applicants after that date must meet the revised requirements at application, while existing MBs must adopt phased compliance by January 2, 2027 and January 2, 2028 with CA certified net worth (including liquid net worth) filings and half yearly CA certification of continuous maintenance.
Transshipment permission to M/s FedEx Express Transportation and Supply Chain Services India Private Limited, New Delhi
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Transshipment permission requires manifest control, customs supervision, secured custody, and destination acknowledgment for courier cargo movement.
Transshipment permission is granted to M/s FedEx Express Transportation and Supply Chain Services India Private Limited for movement of import goods from the New Courier Terminal, Delhi to specified air cargo ports through M/s Air India Limited, subject to compliance with customs law, procedures and conditions governing transshipment. The notice requires a transshipment bond with waiver of bank guarantee, mandates manifest-based identification, segregation, secure custody, double-lock arrangements, customs supervision, acknowledgment at destination, maintenance of records, and production of a customs certificate for bond re-credit or discharge.
Transshipment permission to M/s FedEx Express Transportation and Supply Chain Services India Private Limited, New Delhi through M/s Blue Dart Aviation Ltd
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Transshipment permission for FedEx Express extended to 30 January 2026 with bond and customs supervision conditions.
Transshipment permission is granted to FedEx to transship imported courier consignments from New Courier Terminal, Delhi, to specified air cargo ports through Blue Dart up to 30.01.2026, conditioned on existing transshipment bonds (Blue Dart Rs.5 crore to 31.01.2026; FedEx Rs.60 crore to 31.12.2030) and a Bank Guarantee waiver subject to breach. Transshipment requires specific manifesting, segregation and transfer procedures, TP godown double-lock security under customs supervision, sealing with customs seals, X ray screening, CTM application/approval, destination acknowledgement within ten days to re-credit the bond, and recordkeeping and inspections; failure to produce destination certificates triggers bond liability.
Implementation of Shipping Container for Export Cargo to be considered as Unit of Package
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Shipping container as unit of package depends on complete Annexure C details for export cargo examination
Shipping containers for export cargo may be treated as the unit of package for examination where the exporter files complete Annexure C details with the Shipping Bill, including seal type and container number. If Annexure C is incomplete or not filed, the system will continue selecting packages for examination in the earlier manner across containers. The facility depends on furnishing the requisite container particulars so that system instructions can identify the specific container.

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Acts Income Tax