The Reserve Bank of India (RBI) has given exporters and importers additional time to complete merchanting trade transactions (MTT), easing compliance requirements amid global trade uncertainty. The decision, according to Zee Business sources, is expected to provide relief particularly for small-value transactions.

Six months instead of four

According to the sources, the RBI has extended the permissible period for completion of MTTs from four months to six months. Merchanting trade refers to cross-border deals where an intermediary in India facilitates trade between two parties outside the country without the goods entering Indian territory.

The change gives traders more flexibility to conclude shipments and related payments, an area that has often been strained by delays in logistics, p

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