DGFT - Page 4

Amendment in Chapter 2 of Handbook of Procedure (2015-20)

Public Notice No. 54/(2015-2020) (11/01/2017)

In exercise of powers conferred under paragraph 2.04 of the Foreign Trade Policy, 2015- 2020, the Director General of Foreign Trade hereby amends para 2.14(A) of the Handbook of Procedure (2015-20) as well as the provision in the Public Notice No.58 dated 1.2.2016 and Appendix 2K of FTP(2015-20) as under:...

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DGFT corrects reference of table number appearing in SION & Foot Note

Public Notice No 63 (RE: 2016)/2015-20 (09/01/2017)

The Engineering Table references have been corrected in SION C 172, C244, C248, C270, C271, C272, C472, C473, C1834, C1835, C1836, C1855, C1856, C1939, C1983, C1984, C2034, C2035, C2036 and C2037 and amendment in foot notes have been notified as per Para 2 above....

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Revised Import policy of few items under Chapter 41 & 43 of ITC (HS) 2012

Notification No. 33/2015-2020 (03/01/2017)

Central Government hereby amends the import policy of the following items classified under Chapter 41 and 43 of ITC (HS), 2012 – Schedule – 1 (Import Policy), as under:...

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Permission in respect of “part delivery” where OOC is obtained-Reg.

JNCH Public Notice No. 184/2017 (03/01/2017)

RMS Facilitation center does not have any access or physical control over the CFS. Hence, the permission for part delivery of cargo (other than DPD) will be permitted by AC/DC/Docks in charge of the concerned CFS....

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FTP: Enlistment of National Marine Consultants Inc, USA as PSIA

Public Notice No. 50/2015-2020 (30/12/2016)

Enlistment of one National Marine Consultants Inc., USA as PSIA in terms of para 2.55 (d) of HBP 2015-20 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 with immediate effect...

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MEIS benefit given on ‘Onions Fresh or Chilled’ up to 31.03.2017

Public Notice No. 49/2015-2020 (30/12/2016)

MEIS benefit for export of ‘Onions Fresh or Chilled’ under ITC (HS) code 07031010 is extended up to 31 March, 2017 vide Public Notice 49/2015-2020...

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Quantity for export of preferential quota sugar to USA

Public Notice No. 52 /2015-2020 (30/12/2016)

The quantity of raw sugar i.e. 8424 MTs (Eight thousand four hundred and twenty four metric tons) to be exported to USA under TRQ upto 30.09.2017 has been notified....

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Registered Exporters System as of 01.01.2017 for EU Generalised System notified

Public Notice No. 51/ (2015-2020) (30/12/2016)

Certification of Origin of Goods for European Union Generalised System of Preferences (EU-GSP) - Modification of the system as of 1 January 2017....

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Procedure to claim Duty Credit Scrips if LEO date is upto 31.03.2015 but export is on or after 01.04.2015

Public Notice 48/2015-2020 (29/12/2016)

Procedure for claiming Chapter 3 benefits of FTP 2009-14 for exports were LEO date is upto 31.03.2015 but date of export is on or after 01.04.2015 is notified....

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Govt removes Minimum Price on export of potatoes

Notification No. 32/2015-2020 (27/12/2016)

Export of Potatoes, Fresh or Chilled at Serial Number 50A of Chapter 7 of Schedule 2 of ITC (HS) Classification of Export & Import Items shall be permitted without any Minimum Export Price (MEP)....

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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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