DGFT - Page 331

Revalidation of Special Imprest Licence and Prorata reduction of export obligation in value terms under quantity wise Advance licence

Policy Circular No. 16 (RE-98)/97-2002 (01/07/1998)

It has also been decided that in Quantity based Advance licence issued during the Exim Policy 1992-97 and Advance licence issued during 1997-2002, the export obligation in value terms shall be fixed with reference to the aggregate CIF value of imports. For example, if a licence has been issued for US$10,000 with an export obligation of US...

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Export of Powder Milk (Skimmed or Full Cream/Whole and Infant Milk Food, Pure Milk, Ghee and Butter during the licensing

Policy Circular No. 15 (RE-98)/98-99 (26/06/1998)

It has been decided to release a ceiling of 25000 MT of Powder Milk (Skimmed or Full Cream) whole and Infant Milk Food and 7,500 MT of Milk Ghee and Butter for export during the current licensing year of 1998-99. The above ceiling is placed at the disposal of Agricultural and Processed Food Products Export Development Authority (APEDA) w...

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Public Notice No. 20 (RE-98)/1997-2002, Dated: 26.06.1996

Public Notice No. 20 (RE-98)/1997-2002 (26/06/1998)

In exercise of powers conferred under paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India extraordinary, Part-II- Section 3 – Sub- section (ii) vide S.O No. 283(E) dated 31.3.97, the Director General of Foreign Trade hereby makes the amendment with regard to the validity of the following licens...

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Public Notice No. 19 (RE-98)/1997-2002, Dated: 24.06.1998

Public Notice No. 19 (RE-98)/1997-2002 (24/06/1998)

Attention is invited to Paras 7.8, 7.9 and 7.10 of Handbook of Procedures, Vol.1, 1997-2002, published under the Ministry of Commerce Public Notiice No.1/1997-2002 dated 31.3.1997 and Handbook of Procedure, Vol.2, 1997-2002 published under the Ministry of Commerce Public Notice No.2/1997-2002 dated 31.3.1997. ...

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Notification No. 7/1997-2002, Dated: 22/06/1998

Notification No. 7/1997-2002 (22/06/1998)

In exercise of the powers conferred by section 5 of the Foreign Trade ( Development & Regulation) Act 1992 (No.22 of 1992) read with paragraph 1.3 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendments in the Export and Import Policy, 1997-2002. ...

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Fixation/Modification of Standard Input Output Norms

Public Notice No. 18 (RE-98)/1997-2002 (22/06/1998)

Attention is invited to Paras 7.8, 7.9 and 7.10 of Handbook of Procedures, Vol.1, 1997-2002, published under the Ministry of Commerce Public Notiice No.1/1997-2002 dated 31.3.1997 and Handbook of Procedure, Vol.2, 1997-2002 published under the Ministry of Commerce Public Notice No.2/1997-2002 dated 31.3.1997....

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Public Notice No. 17 (RE-98)/1997-2002, Dated: 22.06.1998

Public Notice No. 17 (RE-98)/1997-2002 (22/06/1998)

Export of Schedule 3 Chemicals, as specified above, to States not party to the Chemical Weapons Convention shall continue to be restricted against export licences in terms of entry appearing at S.No. 28 of Paragraph 16.2 of the Negative List of Exports....

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Classification of seafood and Aquaculture processed food within the definition of food processing

Policy Circular No. 14 (RE-98) (18/06/1998)

Representation have been received as to whether Seafood and Aquaculture processed food shall be covered within the definition of food processing. The matter was referred to Ministry of Food processing which clarified that seafood and aquaculture processed food shall be covered within the definition of food processing....

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Public Notice No. 16 (RE-98)/1997-2002, Dated: 18.06.1998

Public Notice No. 16 (RE-98)/1997-2002 (18/06/1998)

In exercise of powers conferred under paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India Extraordinary, Part-II- Section 3 – Sub- section (ii) vide S.O No. 283(E) dated 31.3.97, the Director General of Foreign Trade hereby notifies the credit rates under DEPB scheme in respect of items as give...

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Monitoring of export obligation against EPCG Licences

Policy Circular No. 13 (RE-98)/98-99 (11/06/1998)

Attention is invited to Paragraph 6.11 and 6.12 of the current Handbook of Procedures,Ist April, 1997- 31st March, 2002 (revised edition announced on 13.4.1998), which laid down the time schedule for fulfilment of EO under 10% EPCG Scheme and Zero Duty EPCG Scheme. The said time schedule is applicable to the EPCG licences issued on or aft...

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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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