CBIC has directed Customs field formations not to seek FTP clarifications directly from DGFT. The new mechanism aims to ensure consistency, faster decision-making, and uniform implementation of trade policy provisions.
The government has continued countervailing duty on textured tempered glass imports from Malaysia after finding that removal of the duty could lead to continued subsidization and injury to domestic producers. The notification keeps duties in force for another five years.
DGFT has widened QCO/BIS exemptions for SEZ Units and Developers by allowing imports of all permissible goods required for authorized operations. Compliance will apply only when goods are cleared into the Domestic Tariff Area.
DGFT has amended import conditions for specified silver products by requiring a valid Import Authorisation for eligible imports. The change applies to nominated agencies, banks, and qualified jewellers importing through IIBX.
The DGFT has nominated 40 non-official members from diverse sectors to the Board of Trade. The move aims to strengthen trade policy discussions and export promotion efforts.
DGFT has amended Appendix 2B of the Foreign Trade Policy 2023 to include authorized agencies for issuing Preferential Certificates of Origin under the India-Oman CEPA. The notification formally identifies the entities empowered to certify eligible exports.
