New DGFT Circular Ends 96(10) Confusion but Gaps Remain

The DGFT vide their circular dated 11.11.25 has clarified the long-disputed Rule 96(10) issues affecting AA redemption for 2017–19, offering significant relief to exporters. With several operational and legal gaps still open, businesses must carefully reassess pending authorisations. J the App by JustIDT sets out the good and bad emerging out of the same.