Explore the latest amendment in the Foreign Trade Policy regarding RCMC issuance for medical devices. Learn how DGFT is addressing industry challenges and ensuring continuity.
Foreign Trade Policy update: DGFT extends RoDTEP benefits to AA, EOU, and SEZ units vide Notification No. 70/2023, dated March 8, 2024
Explore hurdles faced by industries in filing DGFT’s annual reports, impacting businesses. Recommendations for DGFT to streamline process and alleviate burdens on companies.
DGFT announces pilot launch of a self-certification eBRC system for Indian exporters, reducing times & costs. Enhance business transparency & efficiency with upgraded eBRC system!
This article seeks to highlight certain key differences between the Special Economic Zone (SEZ) units, Export Oriented Units (EOU) and Domestic Tariff Area (DTA) units[1] in terms of their various benefits and compliances from an indirect tax point of view. Subject SEZ Unit EOU Unit DTA Unit Area of operations / Setting Up Can be […]
Service Exports from India Scheme (SEIS) was introduced under the Foreign Trade Policy (FTP) 2015-20 with the objective to promote and encourage the export of services from India. Under this scheme, the exporters of notified services are rewarded at the rates specified under Appendix 3D. The incentive is provided in the form of a duty […]
DGFT has recently made amendments in chapter 7 of FTP 2015-2020, wherein they have allowed industry to take benefit at All Industry Rate of Duty Drawback schedule notified by department of revenue in case of deemed export supply.
New SEIS scheme is also not free from defects. There are certain discrepancy which have not been taken care of at the time of introducing such scheme nor there has been any clarification issued by Director General of Foreign Trade (‘DGFT’) in this regard, till date.
