The Directorate General of Foreign Trade (DGFT) has eased compliance requirements for exporters by doing away with the submission of physical duty payment challans for obtaining Export Obligation Discharge Certificates (EODC) under the Advance Authorisation (AA) and Export Promotion Capital Goods (EPCG) Schemes. Licence-wise voluntary duty payment data received from Customs/ICEGATE has been integrated with DGFT’s online systems, enabling authenticated verification of such payments directly against the concerned authorisation.
With effect from August 1, 2026, exporters making voluntary duty payments will not be required to furnish physical challans along with applications for closure of authorisations. Authenticated payment details will be made available to exporters on the DGFT Customer Portal, enabling them to verify that the payment has been correctly mapped to the concerned authorisation before filing the application. The same authenticated payment record will be available to the Regional Authorities on the DGFT Back Office, eliminating the need for manual verification of payment particulars. This is expected to facilitate faster processing, reduce avoidable correspondence and bring greater consistency in decision-making across DGFT Regional Authorities.
The initiative is part of the Government’s broader digital transformation agenda for trade facilitation, aimed at creating a more efficient, predictable and trust-based regulatory environment. The measure is also expected to reduce transaction costs and compliance burden for exporters by reducing documentation, follow-up and physical interface, particularly benefiting MSME exporters handling closure formalities in-house.
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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Name of the IA registered
with SEBI: |
The Alchemists Ark Pvt. Ltd. |
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Logo:
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Trade/Brand
Name of IA: |
MoneyWorks4Me Investment Advisers |
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Brand Logo:
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SEBI Registration Number:
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INA000013323 Validity – May 16, 2019 – Perpetual |
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Registration:
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Non-Individual |
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BSE Enlistment No:
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1187 |
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Address:
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B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045 |
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Compliance Officer
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Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com |
Telephone: +919860359463 Address: Same as IA |
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Grievance Officer
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Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com |
Telephone: +919860919463 Address: Same as IA |
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Principal Officer
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Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com |
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Investment in securities market are subject to market risks. Read all the related documents carefully before investing. |
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Disclaimer:
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Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. |
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