DGFT Invites Comments On Draft Digital Trade Facilitation Bill, 2026

On Monday, 9 February, the Directorate General of Foreign Trade (DGFT) issued a trade notice inviting stakeholder comments on the draft Digital Trade Facilitation Bill, 2026, which aims to give statutory recognition to electronic trade documents and regulate digital identity and trust services for cross-border trade. The notice follows the Union Budget announcement on implementing BharatTradeNet as a digital public infrastructure for trade. The Ministry of Commerce noted that the current legal...

DGFT Revises Bulk Drug Policy, PEN-G, Amoxycillin Subject To Minimum Import Price Till Jan 2027

In a Notification dated 29 January 2026, the Directorate General of Foreign Trade (DGFT) has revised the import policy for certain bulk drugs, including Penicillin G-Potassium (PEN-G) and its salts. According to the notification, specific antibiotics such as PEN-G, Amoxycillin and its salts, and 6-APA have been moved from the 'Free' category to the 'Restricted' category. Further, the notification prescribes a Minimum Import Price (MIP) for certain imports. It is the lowest price at which a...