DGFT Notifications

Revised ITC(HS) code 2017 for all export import related transactions

DGFT - In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (as amended from time to time) read with paragraph 2.01 of the Foreign Trade Policy, 2015-2020, the Central Government hereby notifies Indian Trade Classification (Harmonised System) of Import Items, 2017...

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How to know MEIS rate for your Product and Country of Export

DGFT - MEIS reward rates (2%/3%/5%) specified for export of notified goods to notified markets [categorized into 3 groups, viz. Country Group A, B and C] as a percentage of realized FOB value in free foreign exchange. Now Readers may be willing to know how to know the rate of MEIS for the country they are exporting. In this article we are explai...

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Highlights of Foreign Trade Policy 2015-2020 + Download FTP

DGFT - Earlier there were 5 different schemes (Focus Product Scheme, Market Linked Focus Product Scheme, Focus Market Scheme, Agri. Infrastructure Incentive Scrip, VKGUY) for rewarding merchandise exports with different kinds of duty scrips with varying conditions (sector specific or actual user only) attached to their use. ...

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DGFT Specifies documents required for Export and Import

DGFT - Vide Notification No. 114 (RE-2013)/2009-2014, dated 12th Mar’15, DGFT has prescribed following documents(only three in number) which shall be mandatory for the import/export of goods: For export: o Bill of Lading/Airway Bill ; o Commercial Invoice cum Packing List (Separate Commercial Invoice and Packing List would also be accep...

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Problems in online IEC application & Solution

DGFT - While applying online for importer exporter code (IEC) some user may encounter a Java Error like the one given below – ERROR WHILE SENDING OUTPUT access denied (“java.net.SocketPermission” “164.100.128.143:8100″ “connect,resolve”) In this article we have discussed the solution and steps to remove above error. 1. Download...

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Salient features of Merchandise Export from India Scheme (MEIS)

DGFT - The Government of India has introduced Merchandise Exports from India Scheme (MEIS) through the Foreign Trade Policy (FTP) 2015-20 w.e.f. April 1, 2015. It seeks to promote export of notified goods manufactured/ produced in India....

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DGFT Launches online payment facility for application fees through Credit/ Debit Cards

DGFT - Visa / Master Card Credit card transaction: 1.45% of payment amount per transaction. Visa / Master Card/Rupay Debit Card transactions: For transactions upto Rs.2000/- : 0.75% of payment amount per transaction. For transactions above Rs.2000/- : 1.00% of payment amount per transaction....

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Foreign Trade Policy 2015-2020 Unveiled

DGFT - The new five year Foreign Trade Policy, 2015-20 provides a framework for increasing exports of goods and services as well as generation of employment and increasing value addition in the country, in keeping with the Make in India vision of Prime Minister....

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DGFT and Enforcement Directorate Sign MoU on Foreign Exchange Data Sharing

DGFT - The Enforcement Directorate today signed a Memorandum of Understanding (MoU) with Director General of Foreign Trade (DGFT) for sharing of foreign exchange realization data. This data is also known as eBRC (Electronic Bank Realization Certificate) data....

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Address by Shri Anand Sharma At the Release of Annual Supplement 2012-13 To the FTP 2009-14

DGFT - Recognizing the efficacy of the market diversification scheme, this year we are adding 7 new markets to Focus Market Scheme (FMS). These countries are Aruba, Algeria, Austria, Cambodia, Myanmar, Netherland Antilles, and Ukraine. 7 new markets are being added to the Special Focus Market Scheme (Spl FMS)- Belize, Chile, El Salvador, Guatema...

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Review Petition admitted as assessments u/s. 158BC & 158BD were completed by same officer

Commissioner of Income-tax Vs Dr. T.M. Kuriachan (Kerala High Court) - If the claim of the Revenue that both the assessments were completed by the same officer one under s. 158BC and the other under s. 158BD is correct, then certainly the review has to be allowed as Manish Maheshwari's case (supra) has no application. We, therefore, allow the review petition by recalli...

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List of designated ports for imports of un-shredded metallic scrap

Public Notices No. 63/(2015-2020) - (27/03/2017) - Para 2.54(d)(iv) of the Handbook of Procedures, 2015-2020 has been amended to reflect the list of designated ports for imports of un-shredded metallic scrap and the period for installation and operationalisation of Radiation Portal Monitors and Container Scanner in these ports is extended uptil 31.3...

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Amendment in export policy of edible oils

Notification No 43/2015-20 - (27/03/2017) - Export of Groundnut oil, Sesame oil, Soyabean oil and Maize (Corn) oil in bulk, irrespective of any pack size, has been exempted from the prohibition on export of edible oil....

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Customs Clearance in case of RMS facilitated BEs for Pulse import

Public Notices No. 41/2017-JNCH - (24/03/2017) - It has been decided to streamline the import procedure for import of pulses especially when the importer is a DPD client and Bill of Entry is RMS facilitated i.e. under No assessment, & No examination....

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Format of declaration of exporter on reverse of DGFT’s e-BRC

Public Notice No- 40/2017-JNCH - (24/03/2017) - Acceptance of e-BRC by the Customs Authorities would be subject to appropriate declaration by the exporter on the reverse of the DGFT’s e-BRC. Prescribed format of the said declaration is annexed herewith....

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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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Recent Posts in "DGFT Notifications"

List of designated ports for imports of un-shredded metallic scrap

Public Notices No. 63/(2015-2020) (27/03/2017)

Para 2.54(d)(iv) of the Handbook of Procedures, 2015-2020 has been amended to reflect the list of designated ports for imports of un-shredded metallic scrap and the period for installation and operationalisation of Radiation Portal Monitors and Container Scanner in these ports is extended uptil 31.3.2018....

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Amendment in export policy of edible oils

Notification No 43/2015-20 (27/03/2017)

Export of Groundnut oil, Sesame oil, Soyabean oil and Maize (Corn) oil in bulk, irrespective of any pack size, has been exempted from the prohibition on export of edible oil....

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Customs Clearance in case of RMS facilitated BEs for Pulse import

Public Notices No. 41/2017-JNCH (24/03/2017)

It has been decided to streamline the import procedure for import of pulses especially when the importer is a DPD client and Bill of Entry is RMS facilitated i.e. under No assessment, & No examination....

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Format of declaration of exporter on reverse of DGFT’s e-BRC

Public Notice No- 40/2017-JNCH (24/03/2017)

Acceptance of e-BRC by the Customs Authorities would be subject to appropriate declaration by the exporter on the reverse of the DGFT’s e-BRC. Prescribed format of the said declaration is annexed herewith....

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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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