Insights & Expertise

Stay Informed. Stay Compliant. Stay Ahead. Explore the latest trends, regulatory updates, and expert insights in international trade and export-import consulting—empowering your business with knowledge that drives global success.

How Money Travels Across Borders: Nostro, Vostro & SRVA Explained in Simple Words

How Money Travels Across Borders: Nostro, Vostro & SRVA Explained in Simple Words

If you’ve ever wondered how money actually moves from one country to another, the answer lies in three powerful banking tools: Nostro, Vostro, and SRVA accounts.

Think of them as financial bridges. Without these accounts, an Indian exporter would struggle to receive payments from the US, and an importer would face delays paying overseas suppliers. Let’s break this down in the simplest way possible.

Big Relief for Manufacturer Importers: CBIC's New Deferred Customs Duty Scheme — And How DGFT EXIM Can Help You Benefit

Big Relief for Manufacturer Importers: CBIC's New Deferred Customs Duty Scheme — And How DGFT EXIM Can Help You Benefit

If you're a manufacturer who regularly imports raw materials, capital goods, or components, here's news that could significantly ease your cash flow — starting 1st April 2026.

The Central Board of Indirect Taxes & Customs (CBIC) has issued Circular No. 08/2026-Customs dated 28th February 2026, extending the facility of Deferred Payment of Customs Import Duty to a new category called Eligible Manufacturer Importers (EMI). This means qualifying businesses can now clear their imported goods at the port without paying customs duty upfront — and settle it later, within the same month.

This is a landmark move for Indian manufacturers, especially MSMEs, and at DGFTEXIM, we're already helping businesses understand, assess, and apply for this facility.

1

Need Expert Guidance?

Get personalized consultation from our trade experts and take your business to the next level

Get Free Consultation
Contact us on info@dgftexim.com and phone: +91 8849767423 , +91 7503115095