DGFT - Page 30

Minimum price for import of Areca Nuts enhanced to Rs.162/- per Kg

Notification No. 10/2015-2020 (08/06/2015)

In exercise of powers conferred by Section 3 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, the Central Government hereby amends the Import Policy of Areca Nut under ITC (HS) code 0802 80 10, 0802 80 20, 0802 80 30 and 0802 80 90 of Chapter 8 of ITC (HS) 2012 - Schedule-1 (Import Policy) a...

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DGFT-Preferential Treatment for Status Holders

Trade Notice No. 04/2015 (08/06/2015)

The Para 3.24 of the new Foreign Trade Policy 2015-20 provides for certain privileges and preferential treatment for the Status Holders. As per sub para (g) of Para 3.24 of FTP, status holders would be entitled to preferential treatment and priority in handling of their consignments by the concerned agencies....

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DGFT extends last date for submitting applications for entitlement as PSIA

Public Notice No. 19/2015-2020 (05/06/2015)

The last date for submitting the applications for entitlement as PSIA has been extended. Applicants can, for the time being, submit applications initially without bank guarantee. However, they shall be required to submit bank guarantee or an equivalent financial instrument before they are notified as PSIA....

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Reg. Entitlement of Status Holders to export freely exportable items on free of cost basis

Public Notice No. 18/2015-2020 (RE-2015) (04/06/2015)

Status holders shall be entitled to export freely exportable items on free of cost basis for export promotion subject to an annual limit of Rs. 10 lakh or 2% of average annual export realisation during preceding three licensing years, whichever is lower. ...

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Transitional arrangements in respect of filing of applications & validity of Status Holder Certificate

Public Notice No. 17/2015-2020 (RE-2015) (04/06/2015)

PUBLIC NOTICE NO. 17/2015-2020 (RE-2015), Dated: June 04, 2015 Amendments to the Handbook of Procedures of FTP 2015-2020, have been notified, in order to facilitate transitional arrangements in respect of filing of applications and validity of Status Holder Certificate. These amendments shall be deemed to have come into effect from 1st Ap...

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Amendments to Handbook of Procedures of FTP 2015-2020

Public Notice No. 16/2015-2020 (RE-2015) (04/06/2015)

In exercise of powers conferred under paragraph 1.03 of the Foreign Trade Policy, 2015-2020, the Director General of Foreign Trade hereby notifies the amendments to Handbook of Procedures of FTP 2015-20. These amendments shall be deemed to have come into force with effect from 1st April, 2015....

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Amendment in Para 3.24 (j) of Chapter-3 of FTP 2015-2020

Notification No. 9/2015-2020 (04/06/2015)

Notification No: 9/2015-2020 Dated-4th June 2015 Status holders shall be entitled to export freely exportable items on free of cost basis for export promotion subject to an annual limit of ₹ 10 lakh or 2% of average annual export realisation during preceding three licensing years, whichever is lower....

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Amendments in Foreign Trade Policy 2015-20

Notification No. 08/2015-2020 (04/06/2015)

Notification No. 08/2015-2020 Dated- 4th June , 2015Mandatory documents for export / import of goods from / into India (a) Mandatory documents required for export of goods from India: 1. Bill of Lading/ Airway Bill / Lorry Receipt / Railway Receipt / Postal Receipt. 2. Commercial Invoice cum Packing List 3. Shipping Bill/Bill of Export...

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Trade in Border Haats across the border of Tripura between India and Bangladesh

Public Notice No. 15/2015-2020 (RE-2015) (03/06/2015)

It operationalises the provisions of Memorandum of Understanding dated 23.10.2010 between India and Bangladesh by facilitating border trade between the two through two new border Haats at Kamalasagar, Tripura on the Indian side and Tarapur Kasba on Bangladesh side....

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DGFT: Formulation of Committee on Quality Complaints & Trade Dispute

Trade Notice No. 1/2015-16 (01/06/2015)

Trade Notice No.1/2015-16 Date- 1st June, 2015 The Committee (CQCTD) would look into any application for investigation of quality complaints and/or other trade disputes which are filed in the office of Zonal DGFT, Mumbai/RA Nagpur and RA Panjim in the format given in ANF 8 of Appendices and Aayaat Niryaat Forms which are duly supported by...

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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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