DGFT - Page 3

Amendment in list of Military Stores requiring NOC for export purposes

Notification No. 38/2015-2020 (17/02/2017)

This notification seeks to amend Category MS 007 in the Export Licensing Note of Table A of Schedule 2 of ITC(HS) Classification of Export and Import Items thereby excluding 'Soft Skinned Vehicles' from the purview of the list of Military Stores requiring NOC from Department of Defence Production for export purposes....

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Public Notice No. 57/2015-2020, Dated: 10.02.2017

Public Notice No. 57/2015-2020 (10/02/2017)

In exercise of powers conferred under paragraph 2.04 of the Foreign Trade Policy, 2015-20, the Director General of Foreign Trade hereby includes the following agencies in Appendix 2G of Appendices and Aayat Niryat Forms of Foreign Trade Policy, 2015-20 in terms of Para 2.55 (d) of HBP 2015-20 ...

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Amendment in Paragraph 3.06 of Handbook of Procedures 2015-20

Public Notice No. 58/2015-2020 (10/02/2017)

Applicant shall have option to choose Jurisdictional RA on the basis of Corporate Office/ Registered Officeiliead Office Branch Office address endorsed on IEC for submitting application's under MEIS and SETS. This option need to be exercised at the beginning of financial year. Once an option is exercised, no change would be allowed for cl...

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Revised provisions for amendment of import/export items under EPCG Scheme

Public Notice No. 56/2015-2020 (06/02/2017)

A new sub para further specifying the provision for amendment of import/export items under EPCG Scheme is being added. Documents to be submitted in case of third party exports are being further clarified....

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DGFT amends Product Description in MEIS Schedule of 3 items

Public Notice No. 55/2015-2020 (30/01/2017)

The product description in the MEIS Schedules has been corrected in line with ITC (HS) of Senna leaves and pads, Krft Papr/Paprbord Weing/225G/M2 Unblchd and Lthr Sandals With Other Sole...

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DGFT clarifies on Export Policy of Sandalwood

Notification No. 37/2015-2020 (27/01/2017)

Export Policy of sandalwood against Sl. No. 182 to 187, Chapter 44 of Schedule 2 of ITC(HS) Classification of Export & Import Item has been amended to bring clarity for export of specified categories....

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Revised ITC(HS) code 2017 for all export import related transactions

In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (as amended from time to time) read with paragraph 2.01 of the Foreign Trade Policy, 2015-2020, the Central Government hereby notifies Indian Trade Classification (Harmonised System) of Import Items, 2017...

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DGFT notifies ITC (HS), 2017 Schedule-1 (Import Policy)

Notification No. 36/2015-2020 (17/01/2017)

Government hereby notifies ‘Indian Trade Classification (Harmonised System) of Import Items, 2017 [ITC (HS), 2017] as enclosed in the Annexure to this Notification....

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Minimum import price of Areca Nuts enhanced to Rs. 251/- per Kg

Notification No. 35/2015-2020 (17/01/2017)

The minimum price for import of Areca Nuts is enhanced from existing Rs. 162/- to Rs.251/- per Kilogram vide Notification No. 35/2015-2020...

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DGFT amends Export Policy of Animal By-Products

Notification No. 34/2015-2020 (13/01/2017)

Central Government hereby makes the following amendment, with immediate effect, in Schedule 2 of ITC (HS) Classification of Export & Import Items relating to export of Animal By-Products....

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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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