DGFT - Page 10

DGFT rectifies errors in Public Notice No. 27 & 29/(2015-2020)

Public Notice No. 35/(2015-2020) (28/09/2016)

The entry at Serial No. 10 in Appendix 4J mentioned in Public Notice No. 27 dated 31.08.2016 related to Export Obligation Period for Special Advance Authorization Scheme for export of articles of apparel and clothing accessories is corrected to read as under ....

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Reg. Quantity of sugar to be exported to EU under CXL Quota

Public Notice No. 34/(2015-2020) (28/09/2016)

As per Notification No. 3/2015-20 dated 20.04.2015, export of sugar (HS Code 17010000) to EU under CXL Quota and export of sugar to USA under TRQ is ‘Free’ subject to the conditions notified in the ‘Nature of Restrictions’ in the above notification and 20% Export duty applicable on export of raw sugar, white or refined sugar w.e.f...

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Guidelines for designating/certifying a Common Service Provider by DGFT

Public Notice No. 33/2015-2020 (23/09/2016)

ANF 5A of Aayat Niryat Forms of FTP 2015-20 has been amended to include guidelines for designating/certifying a Common Service Provider by DGFT, Department of Commerce or State Industrial Infrastructure Corporation in a Town of Export Excellence under Para 5.02 (b) FTP 2015-20....

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Reg. Definition of service provider under Common Service Providers in EPCG scheme

Trade Notice No. 18/2016 (23/09/2016)

The issue has arisen whether EPCG authorizations can be issued to a person who does job work for the exporter of goods, as a CSP under para 5.02 read with para 1.35 of Foreign Trade Policy (FTP) 2015-20....

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Reg. Refund of Terminal Excise Duty (TED) under Deemed Exports

Trade Notice No 17/2016 (22/09/2016)

The Policy Circular No. 16 (RE-2012/2009-14) dated 15.3.2013 also while specifying the categories where ab-initio exemption is there, specified that no refund of TED should be provided by RAs of DGFT/Office of Development Commissioners, because such supplies are ab-initio exempted from payment of excise duty....

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MEIS -Change in reward Rate of 575 Items & addition of 2901 new items

Public Notice No. 32/2015-2020 (22/09/2016)

Merchandise Exports from India Scheme (MEIS)- Additions/amendments in Table 2 [containing ITC (HS) code wise list of products with reward rates] of Appendix 3B. A-Additions in Table-The following 2901 lines are added to the MEIS Schedule with immediate effect:...

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Relaxation in Import policy Granite Slabs wef 01.10.2016

Notification No. 29 (RE-2015)/2015-2020 (17/09/2016)

The import of items under the ITC(HS) Codes 68022310, 68022390, 68022900 and 68029300 related to granite slabs is permitted freely provided cif value is US $ 50 or above per square metre (for maximum thickness of slab of 20 mm) w.e.f. 1.10.2016....

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Relaxation in Import policy of Marble slabs w.e.f. 1.10.2016

Notification No. 28 (RE-2015)/2015-2020 (17/09/2016)

The import of items under the ITC(HS) Codes 6802 10 00, 6802 21 10, 6802 21 20, 680221 90, 6802 91 00, 6802 9200 and 25151220 related to marble slabs is permitted freely provided cif value is US $ 40 or above per square metre (for maximum thickness of slab of 20 mm) w.e.f. 1.10.2016....

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Relaxation in Import policy of Rough Marble & Travertine Blocks wef 01.10.2016

Notification No. 27 (RE-2015)/2015-2020 (17/09/2016)

Import of Marble and Travertine- Crude or Roughly trimmed and merely cut, by sawing or otherwise, into blocks of a rectangular (including square) shape permitted freely provided cif value is US$ 200 or above per MT....

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Issuance of Free Sale & Commerce Certificate to Merchant Exporters – reg.

Policy Circular No. 02/2015-20 (15/09/2016)

Para 2.37 of Hand Book of Procedure, 2015-2020 deals with the issue of Free Sale & Commerce Certificate by Regional Authorities to exporters / merchants. As certain doubts have arisen in the Proforma of the certificate, it is clarified that the exporter has to indicate the details of the manufacturer or the exporter (if he himself is not ...

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Latest DGFT / FTP News

Checkout all the latest news on DGFT and DGFT notifications at Taxguru.in. Read DGFT articles and DGFT news on our website which is updated regularly.

The DGFT (Directorate General of foreign Trade) is the agency under the Ministry of Commerce and Industry of the Government of India which governs the execution of policies related to import and export in the country. Till 1991 it was known as CCI&E (Chief Controller of Imports & Exports). It plays a very significant role in developing trading relations with several other nations and therefore assists in enhancing not just economic growth but also offers impetus required by the trade industry. To promote exports and imports, DGFT has established several of its regional offices throughout the country.

Some of the important functions of DGFT can be summed up as below:

  • DGFT is entrusted with the responsibility to implement several policies on trade, for instance, the Foreign Trade Policy.
  • Directorate General of Foreign Trade is the licensing authority for licensing the importers, exporters, and import and export business.
  • DGFT could restrict, prohibit and regulate imports and exports.
  • DGFT has a significant role in issuing Public Notices, Notifications, Circulars, etc.
  • DGFT grants ten digit Importer Exporter Code (IEC) that are the primary requirement for Importing and Exporting activities
  • DGFT launches several schemes time to time about trade benefits across the country.
  • DGFT has launched the ITC (HS CODE) Schedule-1 for import goods and Schedule-2 for Export goods.

At Taxguru, we bring you all the latest news on DGFT and DGFT notifications. Find out all the recent DGFT news here. We publish regular DGFT articles for our viewers at regular intervals. We keep updating our site regularly with all the latest and relevant DGFT news so that our viewers can stay informed with all the import-export related information at all times. Stay with us for more on latest DGFT news here at Taxguru.

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