DGFT

Transport and Marketing Assistance (TMA) : An Incentive Scheme to Boost Agri-Exports

As a part of implementation action plan of Agriculture Export Policy, 2018, which the Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved in December 2018, with an aim to double the shipments to $60 billion by 2022 and integrating Indian farmers and agricultural products to the global value chain, the government now [&...

Read More

“Modi”-Nomics : Vision to Double Agricultural Exports

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the Agriculture Export Policy, 2018.  The Cabinet has also approved the proposal for establishment of Monitoring Framework at Centre with Commerce as the nodal Department with representation from various line Ministries/Departments and Agencies and representative...

Read More

Advance Authorization Scheme under GST

The vision behind the Foreign Trade Policy continues to be focused on making India a significant participant in world trade and on enabling the country to assume a position of leadership in international trade. The Policy is issued once in Five Years and the Current Policy is for the period 2015 – 20, Mid Term […]...

Read More

Service Export from India Scheme: Revised FTP 2015-20

Service Export from India scheme 1. Introduction: The Government has introduced the Service Exports from India Scheme (SEIS) w.e.f. 01.04.2015 under the Foreign Trade Policy (FTP), 2015-20 replacing the earlier scheme ‘Served from India Scheme’ under the FTP, 2009-15. Under SEIS, the service providers of notified services are ince...

Read More

Advance Authorization Scheme

Advance authorization is an order issued to endorse the import of duty-free inputs which are physically integrated into the export product. Its provisions extend to fuel, oil, energy, and catalysts which are consumed or utilized to obtain export products. This article looks at the regulations connected with Advance Authorization Scheme. W...

Read More

Upload all Adjudication/Appellate Orders on website of respective Zones: DGFT to RA’s:

DGFT Authorities have instructed all RA’s to upload all the Adjudication/Appellate Orders passed by them on the website of the respective Zones. Instances have come to the notice of DGFT where such Orders are not being regularly uploaded by the concerned Zonal offices. A need has been felt to have a system to have all such […]...

Read More

Merchandise & Major Commodities Exports in August 2018 exhibited positive growth

Major commodity group of exports showing positive growth in August 2018 include Engineering Goods (21.23%), Petro Products (31.76%), Gems & Jewellery (23.95%), Organic & Inorganic Chemicals (39.9%) and Drugs & Pharma (18.21%). Fourth consecutive double-digit growth in India’s exports in 2018, reflective of our export pro...

Read More

DGFT has to Evolve from a Regulator to Facilitator – Suresh Prabhu

A two-day meeting of port officers organized by the Directorate General of Foreign Trade (DGFT), of the Department of Commerce, ended today in New Delhi. The Union Minister of Commerce & Industry and Civil Aviation, Shri Suresh Prabhu, addressed the regional officers from different parts of the country and urged them to reorient their th...

Read More

Govt increases MEIS Rate by 2% for labour intensive MSME sectors

While restoring the benefits under the export promotion schemes of duty free imports under Advanced Authorization, Export Promotion Capital Goods and 100% Export Oriented Units and thus resolving the problem of blocked working capital for exporters following the roll out of GST, the FTP review has focused on increasing the incentives for ...

Read More

Highlights of Foreign Trade Policy 2015-2020- Mid Term Review (December 2017)

GST RELATED REFORMS- GST has been launched w.e.f. 1.07.2017. It incorporates zero rating of exports. Taxes will not be exported. On the export of finished goods, there is an option of either obtaining refund of GST paid or getting exemption from payment of GST on submission of Letter of Undertaking/Bond....

Read More

Conditions rendering Advance Authorisation Scheme Nugatory are Unsustainable

Messrs Maxim Tube Company Pvt Ltd. Vs Union of India (Gujarat High Court) - Messrs Maxim Tube Company Pvt Ltd. Vs Union of India (Gujarat High Court) CONCLUSION – Condition that renders the very scheme of advance authorization nugatory, does not have any nexus to the objective of the advance authorization i.e. to boost export, is unsustainable in law. FACTS – Para 4.14 ...

Read More

Indian subsidiaries of foreign companies can claim SFIS benefit

Yum Restaurants (I) Pvt. Ltd Vs Union of India (Delhi High Court) - Recently, in case of YUM RESTAURANTS (I) PVT.LTD AND Anr. v. Union of India & Ors, Hon'ble Delhi High Court pronounced that there is no provision in the Foreign Trade Policy which debars an Indian subsidiary of a foreign holding company from availing the benefit of Serve From India Scheme(SFIS)....

Read More

As per Import and Export Policy for the period 2009-2014 mport of second hand goods except capital goods is restricted and special import license is required

Eastron Enterprises Inc. Vs Commissioner of Customs (Delhi High Court) - Eastron Overseas Inc., Mataji Enterprises & M/s. Celestial Enterprises by bill of entries dated 12.12.2011, 14.12.2011 and 7.12.2011 had asked the Commissioner of Customs at ICD, Tughlakabad, New Delhi to permit and allow import into India of the Data Graphic Display Tubes, which have been imported ...

Read More

DEPB – Whether aluminium grills can be termed as Extruded aluminium products, and if so, Whether assessee can take benefit of Item 7 of Code 61 – No, rules SC

Commissioner of Customs Vs. M/s. Caryaire Equipment India Pvt. Ltd. (Supreme Court of India) - The core issue that falls for our consideration and decision in this appeal is: whether aluminium grills can be termed as Extruded aluminium products? If the answer is in positive, the assessee would be covered by Item Serial No.7 of the Product Code 61 of the Duty Entitlement Passbook Scheme (for s...

Read More

Licensing authorities have the power to amend the licence with retrospective effect- Bombay HC

M/s. Bhilwara Spinners Ltd. V/s. Union of India, Customs and Anr. (Bombay High Court) - The Bombay HC last week quashed the decision of the Customs, Excise, Service Tax Appellate Tribunal which held the Director General of Foreign Trade (DGFT), the licensing authority under the Foreign Trade (Development & Regulation) Act, did not have the powers to amend licences with retrospective ef...

Read More

Procedure for import of Pigeon Peas /Toor Dal/ Moong dal & Peas

Trade Notice No. 06/2019-2020  - (16/04/2019) - Procedure for import of 2 lakh MT of Pigeon Peas (Cajanus cajan)/Toor Dal, 1.5 lakh MT of Urad dal, 1.5 lakh MT of Moong dal and 1.5 lakh MT of Peas (including Yellow peas, Green peas, Dun peas and Kaspa peas) is laid down....

Read More

Requirement of documents for online IEC application-modification Reg.

Trade Notices No. 05/2019-20-DGFT - (15/04/2019) - In case the RA observes that there is any variance in the records vis-a-vis the details in IEC, RA should ask the applicant / send an email to the applicant entity at the registered email ID and ask them to rectify the deficiencies / variance noticed in the application / records. Sufficient time of ...

Read More

Amendment in proforme of End Use Certificates -Reg.

Public Notice No. 04/2015-20-DGFT - (12/04/2019) - The amendment in proforme of End Use Certificate will capture technical details of product, specific end use and complete contact details of the end user, thereby facilitating expeditious end use / end user verification by the Government agencies and grant of export authorisation for SCOMET items....

Read More

Applications for Recognition as Pre-Shipment Inspection Agencies

Trade Notice No. 04/2015-20-DGFT - (12/04/2019) - The Committee had noted that as the designated ports were in the process of installing Radiation Portal Monitors and Container Scanners, the position needed to be reviewed once the deadline approaches and thereafter it needs to be seen as to whether there is a requirement of the PSIAs....

Read More

Extension of validity of Pre-shipment Inspection Agencies to 30.06.2019

Public Notice No. 03/2015-2020-DGFT - (11/04/2019) - Validity of the Pre-shipment Inspection Agencies (PSIAs) as listed in the Appendix 2G of A&ANF, whose validity expires on or before 30.06.2019, is extended up to 30.06.2019....

Read More

Browse All Categories

CA, CS, CMA (4,085)
Company Law (4,544)
Custom Duty (7,244)
DGFT (3,891)
Excise Duty (4,187)
Fema / RBI (3,652)
Finance (3,855)
Income Tax (29,438)
SEBI (3,087)
Service Tax (3,441)

Recent Posts in "DGFT"

Procedure for import of Pigeon Peas /Toor Dal/ Moong dal & Peas

Trade Notice No. 06/2019-2020  (16/04/2019)

Procedure for import of 2 lakh MT of Pigeon Peas (Cajanus cajan)/Toor Dal, 1.5 lakh MT of Urad dal, 1.5 lakh MT of Moong dal and 1.5 lakh MT of Peas (including Yellow peas, Green peas, Dun peas and Kaspa peas) is laid down....

Read More

Transport and Marketing Assistance (TMA) : An Incentive Scheme to Boost Agri-Exports

As a part of implementation action plan of Agriculture Export Policy, 2018, which the Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved in December 2018, with an aim to double the shipments to $60 billion by 2022 and integrating Indian farmers and agricultural products to the global value chain, the government now [&...

Read More
Posted Under: DGFT |

Requirement of documents for online IEC application-modification Reg.

Trade Notices No. 05/2019-20-DGFT (15/04/2019)

In case the RA observes that there is any variance in the records vis-a-vis the details in IEC, RA should ask the applicant / send an email to the applicant entity at the registered email ID and ask them to rectify the deficiencies / variance noticed in the application / records. Sufficient time of 15 days from the date of communication m...

Read More

“Modi”-Nomics : Vision to Double Agricultural Exports

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the Agriculture Export Policy, 2018.  The Cabinet has also approved the proposal for establishment of Monitoring Framework at Centre with Commerce as the nodal Department with representation from various line Ministries/Departments and Agencies and representative...

Read More
Posted Under: DGFT |

Amendment in proforme of End Use Certificates -Reg.

Public Notice No. 04/2015-20-DGFT (12/04/2019)

The amendment in proforme of End Use Certificate will capture technical details of product, specific end use and complete contact details of the end user, thereby facilitating expeditious end use / end user verification by the Government agencies and grant of export authorisation for SCOMET items....

Read More

Applications for Recognition as Pre-Shipment Inspection Agencies

Trade Notice No. 04/2015-20-DGFT (12/04/2019)

The Committee had noted that as the designated ports were in the process of installing Radiation Portal Monitors and Container Scanners, the position needed to be reviewed once the deadline approaches and thereafter it needs to be seen as to whether there is a requirement of the PSIAs....

Read More

Extension of validity of Pre-shipment Inspection Agencies to 30.06.2019

Public Notice No. 03/2015-2020-DGFT (11/04/2019)

Validity of the Pre-shipment Inspection Agencies (PSIAs) as listed in the Appendix 2G of A&ANF, whose validity expires on or before 30.06.2019, is extended up to 30.06.2019....

Read More

Scale of Fee for application for reimbursement of benefits under TMA

Public Notice No. 02 (2015-2020) (05/04/2019)

Scale of Fee for application for reimbursement of benefits under Transport and Marketing Assistance (TMA) notified. PUBLIC NOTICE NO. 02/(2015-2020)...

Read More

Validity period of export authorisation for restricted (Non-SCOMET) goods extended

Public Notice No. 01/2015-20 (04/04/2019)

Para No. 2.16 (a) of HBP of FTP 2015-20 has been amended to enhance the validity period of export authorisation for restricted (Non-SCOMET) goods from 12 months to 24 months....

Read More

Advance Authorization Scheme under GST

The vision behind the Foreign Trade Policy continues to be focused on making India a significant participant in world trade and on enabling the country to assume a position of leadership in international trade. The Policy is issued once in Five Years and the Current Policy is for the period 2015 – 20, Mid Term […]...

Read More
Posted Under: DGFT |

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.