DGFT - Page 4

Working of Cash Section & all Groups on 25.03.2017 (Saturday)-Reg.

Facility Notice No. 39/2017-JNCH (24/03/2017)

Attention of all the importers, exporters, customs brokers and other stakeholders is invited to the fact that cash section and all the Assessing Groups under NS-I, III & V would be working on 25.03.20 17 (Saturday) due to closing of the financial year 2016-17....

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Pre-import condition for inputs/import items specified in Appendix 4J

Public Notices No. 62/2015-2020 (24/03/2017)

With this Public Notice, clarity is brought about applicability of Pre-import condition for inputs/import items specified in Appendix 4J. Amendment is also carried out in General Note No. 15 of Chemical and Allied Products (SION Book) to align with Appendix 4J....

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Rebate of State Levies on Export of Made-up articles

Public Notices No. 38/2017 (23/03/2017)

In the ROSL scheme, the Central Govt. provides rebate of State levies comprising of State VAT/CST on inputs including packaging, fuel,duty on electricity generation and duties and charges on purchase of grid power as accumulated through the stages of production from yarn to finished made-ups. ...

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Amendments in Chapter 4 of Foreign Trade Policy 2015-20

Notification No. 42/2015-2020 (21/03/2017)

No Duty Free Import Authorisation shall be issued for an input where SION prescribes 'Actual User' condition and/or Appendix-4J prescribes pre import condition for such an input....

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Amendment in Policy on Imports and Exports to Korea

Notification No. 41/2015-2020 (21/03/2017)

This notification seeks to update the Foreign Trade Policy, 2015-2020 to account for current UN Security Council Resolutions concerning Democratic People's Republic of Korea (DPRK) up to Resolution 2321(2016) of 30th November 2016....

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List of cases selected for verification for Monitoring of DEEC / Advance

Public Notices No. 37/2017-JNPT (21/03/2017)

EEC Monitoring Cell would select cases, on random basis, out of the cases, where verification is not prescribed by DGFT. In the month of March, 2017, the DEEC Mon Cell Cell has received 213 EODC’s....

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Procedure for dealing with “shipping bill copies”

Public Notices No. 36/2017-JNCH (17/03/2017)

Procedure for dealing with shipping bill copies consequent to doing away of Exchange Control Copy and Export Promotion Copy of shipping bill ...

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Regarding Export of Factory Stuffed refrigerated container

Public Notices No. 35/2017-JNCH (17/03/2017)

Members from trade exporting goods in Refrigerated containers have again requested for reconsideration of Public Notice 174/2016 dated 15.12.2016 & Public Notice No. 03/2017, dated 09.01.2017, wherein it was clarified that:...

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Automation of Refund claims and Manual Brand rate drawback claim

Public Notices No. 34/2017-JNCH (16/03/2017)

Implementation of Phase-I of Automation of Refund claims and Manual Brand rate drawback claim i.e. Digitization of Refund claims and Manual Brand rate Drawback claims at JNCH, Nhava Sheva – Reg....

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Advance intimation by importer availing DPD Facility to shipping lines

Public Notices No. 33/2017-JNCH (15/03/2017)

Advance intimation is required to be submitted by importer through their official email id to shipping line at least 72 hours in advance informing the details such as Bill of Lading Number, Details of consignment, DPD Client Code” allotted by Terminal Operator & Preferred CFS and its Code...

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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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