Govt Extends Legacy Footwear Stock Clearance Deadline to July 2027 Under BIS Rules
DPIIT pushed the deadline for clearing legacy footwear inventory to July 31, 2027 under BIS quality control orders, easing compliance for manufacturers, distributors and retailers. It also relaxed rules to allow import of up to 4,500 sample pairs yearly for R&D.
What happened
DPIIT extended the deadline for clearing legacy footwear stock to July 2027 under BIS quality control orders, easing compliance for footwear manufacturers,
Key facts
- July 31 2027 deadline
- 4,500 pairs/year import limit
- notified June 12
Why this matters
The relaxed timeline and R&D sample import allowance lower regulatory friction, making footwear inventory-heavy targets less encumbered and easing due-diligence concerns around legacy stock liabilities.
What to watch
- Any further DPIIT/BIS notification tightening or clarifying the July 2027 date
- Footwear retailer inventory-days and markdown disclosures in quarterly results
- BIS certification volumes and QCO enforcement actions on non-compliant stock
- Import data on sample pairs and shifts in domestic sourcing mix
- Organized retailers slow markdown cadence on legacy stock to protect gross margins
- Distributors renegotiate return/consignment terms with brands given longer runway
- Larger brands begin phased BIS certification and sample imports for FY26 lines
- Unorganized/small players continue liquidating legacy stock into value channels