New Delhi : Industry association Engineering Export Promotion Council of India (EEPC India) on Friday welcomed the relaxation of Merchanting Trade Transaction (MTT) rules, saying that it would significantly improve the ease of doing business, particularly for small exporters and retailers. The Reserve Bank of India (RBI) has eased the MTT rules by extending the time period for outlay of foreign exchange from four to six months, effective as of October 1, 2025.

The central bank also simplified the process for the timely closure of entries in the Export Data Processing and Monitoring System (EDPMS) and Import Data Processing and Monitoring System (IDPMS) for transactions up to Rs 10 lakh per bill. EEPC India said that the decision will significantly ease the compliance burden for small exp

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