DGFT - Page 2

New procedure for import involving High Sea Sale at JNCH

Public Notice No. 58/2017-JNCH (02/05/2017)

It has been decided to prescribe following new procedure as regards import involving High Sea Sale transactions: –i. Bill of Entry / Integrated declaration filed by the Customs Broker/Importer should contain correct and complete details of the “High Seas Sale Buyer & Seller” along with High Seas Sale Commission...

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Export Policy of Fertilizers, Updation of List of Manufactures

Notification No. 07/2015-2020 (16/05/2017)

S.O.(E) In exercise of the powers conferred by Section 3 of the Foreign Traci( (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with paragraph 1.02 and 2.01 01 the Foreign Trade Policy (FTP), 2015-2020, the Central Government hereby makes the amendments with immediate effect in List `A', 'B' and 'C' below Note 1 und...

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Recovery of DFCE Scheme Scrips for exports made in year 2003-04

Trade Notice No. 07/2018 (08/05/2017)

Implementation of the Hon'ble Supreme Court's Judgment dated 27th Oct 2015 in Civil Application No. 554 of 2006 with regard to recovery of Duty Free Credit Entitlement (DFCE) Scheme Scrips for the exports made in the year 2003- 04....

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DGFT notification on Implementation of Target Plus Scheme as per SC decision

Notification No. 06/2015-2020 (08/05/2017)

The Notification No.08 (RE 2006)/2004-2009 dated 12th June 2006 and Notification No. 20 (RE 2006)/2004-2009 dated 13th July 2006 are hereby rescinded ab-initio. The Target Plus Scheme is implemented as per the decision of the Hon'ble Supreme Court dated 27.10.2015 in CA No.554 of 2006....

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Target Plus Scheme Scrips for exports made in year 2005-06

Trade Notice No. 06/2018 (08/05/2017)

Implementation of the Hon'ble Supreme Court's Judgment dated 27th Oct 2015 in Civil Application No. 554 of 2006 with regard to Target Plus Scheme (TPS) Scrips for the exports made in the year 2005-06 over 2004-05...

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DGFT includes Hazira Port for export promotion benefits

Public Notice No. 06/2015-2020 (27/04/2017)

Seaport located at Hazira (Surat) Port is included under in paragraph 4.37(a) of Hand Book of Procedures (2015-2020) for availing export promotion benefits under Chapter 4 of Foreign Trade Policy....

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10 Clarification on TRQ for Raw Sugar

Trade Notice No. 5 (27/04/2017)

This Office has received certain requests for clarifications on the TRQ for Raw Sugar as notified vide DGFT's Notification No 1 & 2 dated 5th April, and I3th April. The same having been considered is clarified as under...

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DGFT Offices address changes in 5 Cities in India

Public Notice No. 05/(2015-2020) (27/04/2017)

The address of Regional Office of DGFT at Puducherry and the Head of office at the Regional Office of DGFT at Ludhiana, Ahmedabad, Bangalore and Hyderabad in Appendix –lA of Foreign Trade Policy, 2015-20 have been changed....

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DGFT amends Table A of Schedule 2 & Appendix 3 of ITC(HS)

Notification No. 05/2015-2020-DGFT (24/04/2017)

In exercise of the powers conferred by Section 5 and Section 14A of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 1.02 of the Foreign Trade Policy, 2015-2020, as amended, and in supersession of DGFT Notification No.38 (RE-2010) /2009-2014 dated 31st March, 2011, Notification no. 93(RE-2012)/2009-14 ...

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Export Authorisation /Certificate / Permission for non-SCOMET Items

Public Notice No. 4/2015-20-DGFT (24/04/2017)

The provision for regulating export of non-SCOMET items having potential risk of use in or diversion to WMD/missile/military end use has been prescribed. Provision for Maintenance of Records has been prescribed. Amendments have been made in para 2.74 and para 2.81 for adherence to various Multilateral Export Control Regimes and to clarify...

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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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