CITI statement on Relaxation of Export Obligation Period for VSF:

New Delhi, June 24, 2025

CITI welcomes the decision taken by the authorities on June 23, 2025, to extend the export obligation period for imports of viscose staple fibre (VSF) from the earlier stipulated 180 days from the date of clearance of import consignments.

“We are delighted that our request for a relaxation in the export obligation period has been accepted by the authorities,” CITI Chairman Shri Rakesh Mehra said. “The step will prove immensely beneficial for companies as they will now get more time to discharge their export obligations,” Shri Mehra added.

Shri Mehra further pointed out CITI is working closely with the authorities on the issue of quality control orders (QCOs) to ensure their effective implementation.

 

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