DGFT extends export benefits to eligible rupee-settled trade receipts

India’s DGFT has aligned Foreign Trade Policy benefits for eligible export proceeds received in rupees with those earned in foreign currency, widening invoicing and settlement flexibility for exporters. Separate provisions for ACU members, Nepal and Bhutan remain unchanged.

— Source published Thu, 20 Aug, 2026, 20:52 IST · First seen Thu, 20 Aug, 2026, 20:56 IST · Source BL · Consumer & Economy

What happened

Directorate General of Foreign Trade · DGFT amended export rules to let eligible rupee receipts receive the same trade-policy benefits as foreign-currency

Key facts

  • FTP 2023
  • Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023

Why this matters

Companies with export exposure should assess rupee-settlement partnerships and market-entry opportunities, while noting that ACU, Nepal, and Bhutan provisions remain unchanged.

Also reported by