India exempts certain exporting units from QCOs with conditions

A gazette notification issued by the Directorate General of Foreign Trade (DGFT) last week said the exemption will be with pre-import conditions.

The unutilised imported material will be destroyed in the presence of jurisdictional goods and services tax and customs authorities, it noted.

Mandatory QCOs help curb the import of sub-standard products, prevent unfair trade practices and ensure the safety and well-being of consumers as well as the environment.

ALCHEMPro News Desk (DS)