Importers Required to Pay INR 500 Registration Fee for Monitoring Systems Under Updated Trade Policy

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....The DGFT issued Public Notice No. 02/2025-26 amending Appendix 2K of the Foreign Trade Policy 2023, introducing a registration fee of INR 500 for Import Monitoring Systems (SIMS/CIMS/NFMIMS/PIMS). The amendment provides a standardized fee structure for various import and export-related services, including application fees for licenses, authorizations, and certifications. The changes include online payment mechanisms, specific refund conditions, and detailed procedures for fee management, effective immediately across all DGFT jurisdictional authorities.....