DGFT - Page 5

Extension of facility of Direct Port Delivery to main importers

JNP Public Notice No. 180/2016 (19/12/2016)

In order to reduce dwell time and cost associated with import at Nhava Sheva, it has been decided to extend Direct Port Delivery (DPD) permission to importers ...

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Gate Automation for Export & Import via NSICT / NSIGT, GTI & JNPCT

JNH Public Notice No. 174/2016 (15/12/2016)

Standard Operating Procedure consequent to commencement of Document Processing Area in Parking Plaza and Gate Automation for Export & Import through NSICT / NSIGT, GTI & JNPCT; reg....

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AEO Programme- Appointment of CRM- Revised Guidelines

JNH Public Notice No. 175 /2016 (15/12/2016)

Attention of all the Importers, Customs Brokers, Logistics Service Provider, Custodian /Terminal Operator, Warehouse Operator and the member of the Trade is invited to the Board’s Circular No. 33/2016-Customs dated 22.07.2016 and subsequent Public Notice No. 105/2016 dated 27.07.2016, 108/2016 dated 09.08.2016 and 113/2016 dated 24.08.2...

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Seven Pre-Shipment inspection Agencies approved under FTP 2015-20

Public Notice No. 47/2015-2020 (15/12/2016)

Seven Pre-Shipment inspection Agencies have been approved under the heading New PSIAs recognized in terms of FTP 2015-20 in Appendix 2G....

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Verification of Bank Guarantee/ Certificates on e-mail instead of Fax

JNH Public Notice No. 173/2016 (14/12/2016)

For many purposes like registration of licence, provisional release of consignments, to get exemption benefit etc. , Customs is required to verify and confirm legitimacy of Bank Guarantee/Certificate/LUT issued with issuing Bank/concerned Central Excise authority /issuing authority etc. In most of the cases, officers are verifying the ver...

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Kuth root having ITC-HS Code 12119046 of MEIS schedule, deleted

Public Notice No. 46/2015-2020 (13/12/2013)

FTP- Kuth Root having ITC-HS Code 12119046 appearing at Sl. No. 506 of Appendix 3B of MEIS schedule is deleted....

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How to obtain Importer Exporter Code (IEC) Number

An application for grant of IEC number shall be made by Registered/Head Office of applicant and apply to nearest Regional Authority of DGFT...

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Posted Under: DGFT |

Measures taken by govt to diversify & boost exports from India

The Government has taken various measures to diversify and boost exports from India, which includes; (i) Merchandise Exports from India Scheme (MEIS) was included under Foreign Trade Policy (FTP) 2015-20 w.e.f. April 1, 2015...

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Posted Under: DGFT |

Minimum Import Price on Iron & Steel on 19 HS Codes till 04.02.2017

Notification No 31/2015-2020 (03/12/2016)

S.O. (E): 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, as amended from time to time, the Central Government hereby extends the applicability of Minimum Import Price (MIP) beyond 04/12/2016 on 19 HS Codes as specified in the Annex to this Notif...

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Brief Analysis of Service Exports from India Scheme (SEIS)

It not only replaces Served from India scheme (SFIS) available under the Foreign Trade Policy 20109-2014, but it rationalize the incentives under the erstwhile schemes, removes various kind of restrictions of use of scrip issued under the Scheme and significantly enlarges the scope of the earlier scheme. Unlike earlier Scheme, this scheme...

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Posted Under: DGFT |
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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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