Navigating India’s January 2025 Customs & FTP Updates: Key Digital Shifts for Exporters and Importers
The January 2025 edition of CNK & Associates LLP’s “Quarterly Insights” delivers critical updates on Customs and Foreign Trade Policy (FTP) reforms, highlighting India’s continued push toward digitalization and trade facilitation. These updates are especially relevant for exporters, importers, and trade professionals looking to stay compliant and optimize operational efficiency.
This quarter’s highlights include the rollout of fully electronic systems for AD Code/IFSC registration via ICEGATE, the launch of Voluntary/Self-Initiated Payments (SIP) on the e-Payment platform, and the mandatory adoption of the eCoO 2.0 system for filing Certificates of Origin. Additionally, new compliance protocols have been introduced for the RoDTEP scheme, digital filing of Appendix 4H certificates, and relaxed provisions for the import/export of exhibition goods.
These regulatory updates reflect a broader shift toward transparency, automation, and ease of doing business in India’s international trade landscape.
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