DGFT - Page 20

FTP- Procedure for modification/change in Branch Office/Head Office/Registered Office Address in IEC

Public Notice No. 53/2015-2020 (05/01/2016)

Public Notice No. 53/2015-2020 When an IEC holder seeks modification/change of Branch Office/Head Office/Registered Office address in its IEC and which involves a shift in its jurisdictional RA, a request to that effect will have to be made to the new RA to whose jurisdiction the applicant is shifting its Office. A copy of this request wi...

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Implementation of Track and Trace system for export of Pharmaceuticals and drug consignments

Public Notice No. 52/2015-2020 (05/01/2016)

In suppression of the earlier Public Notice no. 13/2015-2020 dated 22.05.2015, the dates for implementation of Track and Trace system for export of drug formulations alongwith maintaining the Parent-Child relationship in packaging have been extended to 01.04.2016 for non SSI manufactured drugs and to 01.04.2017 for SSI manufactured drugs....

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FTP: Deletion of Panama from Country Group-C under MEIS Scheme

Notification No. 51/2015-20 (28/12/2015)

In order to address this anomaly, in exercise of powers conferred under paragraph 1.03 read with paragraph 2.04 of the Foreign Trade Policy 2015-2020, the entry “Panama” at Serial No.50 under Country Group-C of Table 1 of Appendix 3B­MEIS Schedule notified....

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Export Policy of Onions- Removal of Minimum Export Price on Onions

Notification No. 29/2015-20 (24/12/2015)

In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 of the Foreign Trade Policy, 2015-20, the Central Government hereby makes the following amendment, with immediate effect....

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FTP: Rescinding of Public Notice on Indo – Myanmar Border Trade

Public Notice No. 50/2015-20 (17/12/2015)

Director General of Foreign Trade hereby rescinds the Public Notice No. 30 (RE-2012)/2009-2014 dated 16th November, 2012 vide which a list of 62 tradable items had been notified for the Indo - Myanmar Border Trade. Along with the Public Notice No. 30 (RE-2012)/2009-2014 dated 16th November, 2012, the Public Notice No.289/92-97 dated 10th...

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FTP: Fixation of Standard Input Output Norms A1663 for Rubber Products

Public Notice No. 49/2015-2020 (17/12/2015)

Public Notice No. 49/2015-2020 Quantity of import item at S. No. 10 of SION A1663 has been specified in addition to the value-wise limit already prescribed in S.No. 8 of General Notes for all export product groups....

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FTP: Reg. procedure to be followed for processing applications for enlistment / authorisation of Laboratories

Public Notice No. 48/2015-20 (16/12/2015)

With this amendment, paragraph 4.76 of the Handbook of Procedures 2015-20 will also cover the procedure to be followed for processing applications for enlistment / authorisation of Laboratories stated in paragraph 4.42 of FTP 2015-20....

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Addition of M/s HRD Diamond Institute Private Limited in paragraph 4.42 of FTP 2015-20

Notification No. 28/2015-20 (16/12/2015)

M/s HRD Diamond Institute Private Limited, Mumbai, Maharashtra, India is added as agency permitted to import duty free diamonds for certification/grading and subsequent re-export, subject to conditions mentioned in paragraph 4.75 of Handbook of Procedures 2015-20 and other applicable provisions of the law in this regard....

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DGFT removes requirement of 'recommendation from DGCA' for import of reconditioned / second hand aircraft parts

Notification No. 27/2015-20 (16/12/2015)

Effect of this Notification: Hereafter, there is no requirement for 'recommendation from DGCA' for import of reconditioned / second hand aircraft parts....

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Relief in Average Export Obligation in terms of Para 5.19 of HBPs of FTP 2015-20

Policy Circular No. 04/2015-20 (16/12/2015)

Hand Book of Procedures of FTP 2015-20 permits re-fixation of Annual Average Export Obligation, in case the export in any sector/ product group decline by more than 5%. This implies that the sector/product group that witnessed such decline in 2014-15 as compared to 2013-14, would be entitled for such relief....

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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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