The Directorate General of Foreign Trade (DGFT) has issued Trade Notice 20/2026-27, inviting comments and suggestions on a draft Standard Operating Procedure (SOP). This SOP pertains to the reporting of inward remittance messages related to Non-Banking Financial Company (NBFC) Factors. Stakeholders are encouraged to review the draft and provide their inputs.
This draft SOP could impact how inward remittance messages are reported and processed, potentially affecting financial transactions linked to import and export activities. While the notice specifically targets NBFC Factors, any changes in reporting requirements could have downstream effects on documentation and compliance for importers and exporters.
1) Open the official notice here
2) Check whether your CTH, documents or policy line is touched
3) Ask Neo's CHA before changing Bill of Entry or Shipping Bill practice