Policy Relaxation Committee in Mumbai

1. Understanding the Policy Relaxation Committee in Mumbai: Your Guide to Expert Assistance When it comes to navigating the complexities of export-import policies in India, the Policy Relaxation Committee in Mumbai plays a pivotal role. For businesses involved in international trade, compliance with the Foreign Trade Policy (FTP) is essential, but unforeseen challenges can sometimes make it difficult to meet every requirement. This is where the Policy Relaxation Committee (PRC) steps in, offering exemptions, waivers, and relaxations to ease genuine hardships faced by exporters and importers. If you're seeking expert guidance on PRC matters in Mumbai, Sohamma International Pvt. Ltd. is your trusted partner. What is the Policy Relaxation Committee in Mumbai? The Policy Relaxation Committee, under the Directorate General of Foreign Trade (DGFT), is a specialized body designed to address issues where strict adherence to FTP provisions creates difficulties for businesses. Based in Mumbai and other key cities, the PRC evaluates cases where exporters or importers face procedural hurdles, non-compliance issues, or other trade-related challenges. The committee has the authority to grant relaxations in the public interest, ensuring that trade continues smoothly without undue burden. For example, the PRC can assist with:

2. Extending export obligation periods. Waiving penalties or composition fees. Amending shipping bills or revalidating expired licenses. Relaxing import conditions under specific schemes. With its headquarters in New Delhi and regional offices like Mumbai, the PRC is a critical resource for businesses aiming to resolve trade policy disputes efficiently. Why Businesses in Mumbai Need PRC Services Mumbai, as India’s financial and trade hub, is home to countless exporters and importers dealing with intricate DGFT regulations. Whether you're a small business exporting goods or a large enterprise importing capital equipment, unexpected delays or policy constraints can disrupt operations. The Policy Relaxation Committee in Mumbai becomes essential when: You miss deadlines due to logistical issues. You need approval for special cases like importing second-hand goods under the EPCG scheme. You face penalties for procedural lapses beyond your control. Without expert representation, navigating the PRC process can be overwhelming. This is where professional consultancy services, like those offered by Sohamma International Pvt. Ltd.., make a difference. How Sohamma International Pvt. Ltd. Supports Your PRC Needs Based in Mumbai, Sohamma International Pvt. Ltd. is a leading consultancy specializing in export-import incentives and DGFT-related services. With over two decades of experience, their team of seasoned professionals provides end-to-end assistance for Policy Relaxation Committee cases. Here’s how they can help: Case Preparation: Crafting strong applications with proper documentation and justification. Expert Representation: Presenting your case effectively during PRC meetings for the best outcomes. Hassle-Free Processing: Managing the entire application process, including follow- ups with DGFT authorities. Tailored Solutions: Addressing unique challenges like license revalidation or penalty waivers. Sohamma’s expertise ensures that your business complies with regulations while securing the relaxations you need to thrive. Visit Sohamma International Pvt. Ltd. to learn more about their comprehensive PRC services. The PRC Application Process: A Quick Overview

3. The DGFT has streamlined the PRC application process through its online e-PRC system, making it mandatory to submit requests via the exporter’s dashboard on the DGFT portal. Here’s a simplified breakdown: 1.Login to DGFT Portal: Access your dashboard using your Import Export Code (IEC). 2.File Application: Complete the ANF-2D form, upload supporting documents, and specify your relaxation request. 3.Pay Fees: Rs. 2,000 for fresh applications or Rs. 5,000 for reviews. 4.Track Status: Monitor your application progress online. For businesses in Mumbai, partnering with experts like Sohamma ensures that every step is handled seamlessly, from drafting justifications to attending personal hearings if required. Common Cases Handled by the Policy Relaxation Committee in Mumbai The PRC addresses a wide range of issues. Some frequent scenarios include: Extension of Export Obligations: When exporters need more time to fulfill commitments under schemes like EPCG or Advance Authorization. Penalty Waivers: Relief from fines due to genuine delays or errors. Shipping Bill Amendments: Converting free shipping bills to duty drawback bills. License Revalidation: Renewing expired licenses to continue operations. These cases highlight the PRC’s role in supporting Mumbai’s trade ecosystem, ensuring businesses can adapt to real-world challenges. Why Choose Sohamma for PRC Assistance in Mumbai? With a head office in Mumbai and a presence across cities like Pune, Delhi, and Chennai, Sohamma International Pvt. Ltd. stands out for its: Proven Track Record: Successfully representing numerous PRC cases every month. ISO 9001-2015 Certification: A testament to their commitment to quality and professionalism. Experienced Team: Led by founder Ramesh Chavan, with over 26 years of expertise in trade incentives. Their client-centric approach ensures that your PRC application is not just submitted but optimized for success. Contact them at or explore their services at Sohamma International Pvt. Ltd.. Conclusion The Policy Relaxation Committee in Mumbai is a lifeline for businesses facing trade policy hurdles. Whether you’re seeking an extension, waiver, or amendment, expert assistance can make all the difference. Sohamma International Pvt. Ltd. offers the knowledge, experience,

4. and dedication needed to navigate the PRC process effectively. Don’t let policy challenges hold your business back—reach out to Sohamma today at Sohamma International Pvt. Ltd. and unlock the support you need to succeed in Mumbai’s dynamic trade landscape.