DGFT - Page 5

Amendment in SION A-39 under Chemical & Allied Product Group

Public Notice No. 02/2015-2020 (19/04/2017)

Standard Input Output Norms (SION) A-39 for export product falling under the Chemicals and Allied Products Group has been amended....

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Certification of Origin of Goods for EU-GSP & List of Local Users

Trade Notice No. 03 (17/04/2017)

Inclusion of details / clarification on the Certification of Origin of Goods for European Union Generalised System of Preferences (EU-GSP) - as notified vide Public Notice No.51 dated 30.12.2016...

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TRQ for Raw Sugar: Amendment in import policy

Notification No. 02/2015-2020 (13/04/2017)

Central Government hereby makes the following amendments in the import policy conditions of 'Raw Sugar' classified under Exim Code 170114 of Chapter 17 of ITC (HS), 2017 - Schedule - 1 (Import Policy), as notified vide Notification No 1 dated 05.04.2017, as under:...

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Amendments in Product Description of 3 items in MEIS Schedule

Public Notice No. 01/2015-2020 (13/04/2017)

The product description in the MEIS Schedules of Babies Garments and Clothing Accessories of Wool or Fine Animal Hair, Othr Mcanry Parts Of Heading 8485, Other Seats Of Heading 9401 existing prior to Public Notice 61 dated 07.03.2017 has been corrected in line with ITC (HS)....

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Allocation of additional quantity for export of sugar to USA under TRQ

Trade Notice No.02/2018 (13/04/2017)

USDA Foreign Agriculture Service has increased the non-country specific Tariff Rate Quota (TRQ) for refined sugar to 2,02,000 MTRV (metric tons raw value) by adding another 40,000 MTRV of speciality sugar, which is available for exporters from all WTO countries for the US fiscal year 2017 (October 1, 2016 to September 30, 2017)....

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Govt to implement SC Judgment on Target Plus Scheme under FTP 2004-09

It held that the Notification No. 48/2005 dated February 20, 2006 (certain products were made ineligible) and Notification No. 8/2006 dated June 12, 2006 (rates were reduced to 5% from the earlier 5, 10 and 15%) related to the Target Plus Scheme (TPS) could not be applied retrospectively and they would be effective only from the date of t...

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Posted Under: DGFT |

Rectification of errors in bank details given by exporters for processing incentive

Public Notices No. 50/2017-JNCH (10/04/2017)

Attention of all Exporters/Customs brokers/members of Trade is invited to the fact that at times errors exist in the bank account number, IFSC etc., given by exporters, which leads to rejection of claim for payment of duty drawback by the local bank authorities. Similarly, even a single such error leads to rejection of entire scroll in th...

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EPCs to lay down roadmap for changeover to online issue of RCMCs

Trade Notice No. 01/2017 (07/04/2017)

This Office has received a request from Chemical and Allied Export Promotion Council of India (CAPEXIL) for permission to issue online RCMCs along with the online format of RCMC (copy enclosed), slightly tweaked to adopt to the digital set up. ...

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Govt allows duty free Import of 5 Lakh MT raw sugar under TRQ

Notification No.01/2015-2020 (05/04/2017)

Import of 5 Lakh MT of raw sugar under Exim Code 170114 of Chapter 17 of ITC (HS), 2017–Schedule–I (Import Policy) is allowed duty free under TRQ....

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Extension of facility of Direct Port Delivery to main importers

Public Notices No. 49/2017-JNCH (05/04/2017)

It has been observed that Direct Port Delivery (DPD) facility has reduced the time and cost for importers considerably. Therefore, it has been decided to consider Direct Port Delivery (DPD) permission to all such importers who are manufacturers, registered IPR holders provided their bulk of import is in FCL (Full container Load) and is be...

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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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