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India lost the battle before the WTO panel (panel) when number of export incentive schemes that were (are) in vogue were called off as illegal per the SCM agreement. The mischief of MEIS, as pointed out by the panel, was that instead of providing countervailing rates for setting of the input taxes, the rates were […]...
Read MoreMerchandise Exports from India Scheme (MEIS) is introduced in the Foreign Trade Policy of India 2015-20, as a part of the Exports from India Scheme. The Government of India has brought in the Merchandise Exports Incentive Scheme (MEIS), replacing five other similar incentive schemes present in the earlier Foreign Trade Policy 2009-14. The...
Read MoreBackground 1. India has entered into several bilateral and multilateral treaties (referred to as Free Trade Agreements (FTA)) to promote cross-border trade. Examples include treaties with Singapore, Chile, Malaysia, Korea, Japan, SAARC members, etc. Article XX, containing general exceptions, under the General Agreement on Tariffs and Trad...
Read MoreSupreme Court upholds power of CG to impose quota restrictions on imports without adjudication procedure The Apex Court in a recent decision involving importers of green and yellow peas, beans has upheld the power of the Central Government to impose quantitative restrictions on the import of goods without following the adjudication proced...
Read MoreThe Union Cabinet in March approved the Remission of Duties or Taxes on Export Products (RoDTEP), a scheme for exporters to reimburse taxes and duties paid by them such as value added tax, coal cess, mandi tax, electricity duties and fuel used for transportation, which are not getting exempted or refunded under any other existing [&hellip...
Read MoreThis report contains significant results of the performance audit on Merchandise Exports from India Scheme (MEIS) and Service Exports from India Scheme (SEIS), which was conducted to seek an assurance on the success of facilitation measures introduced for simplifying the process of issuance of scrips and to examine effective linkage of ru...
Read MoreExport Promotion Councils (EPCs) are organizations of exporters, set up under the Societies Registration Act/ Companies Act, with the objective of promoting Indian exports....
Read MoreAs per the data available with the Directorate General of Commercial Intelligence and Statistics (DGCIS) exports in 2019-20 were $ 313.36bn as compared to $330.08bn in 2018-19. A statement showing the State-wise Exports during 2018-19 and 2019-20 is Annexed....
Read MoreThe prohibition on export of medical items was imposed to ensure domestic availability of these items to fight COVID-19. These have been relaxed based on an assessment, from time to time, of the domestic requirement, production capacity and surplus available for export....
Read MoreOn the issue of recent changes in the Merchandise Export from India Scheme (MEIS), the Minister said that the capping of Rs 2 Crore will not affect 98% of the exporters who claim benefit under the scheme....
Read MoreSimplex Infrastructures Ltd. Vs. Union of India (Madras High Court) - Simplex Infrastructures Ltd. Vs. Union of India (Madras High Court) Joint DGFT has no powers to review his own orders in view of Section 16 of the FTDR Act. There can be no review of an earlier refund except in accordance with the provision of Section 16 of the FTDR Act, which only permits the [&hel...
Read MoreUnion of India Vs Agricas LLP and Others etc. (Supreme Court of India) - Union of India Vs Agricas LLP and Others etc. (Supreme Court) In the instant case, the Writ Petition is filed by challenging the imposition of restrictions on import of Peas and pulses. As per petitioner, the notifications issued by the DGFT had the effect of modifying or amending the EXIM policy as...
Read MoreM. D. Overseas Limited Vs Union of India And Ors. (Delhi High Court) - The issue under consideration is whether the Public notice issued by DGFT for restricting the issuance of Advance Authorisation is justified in law?...
Read MoreDavinci Leather Pvt. Ltd. Vs Commissioner of Customs (Madras High Court) - The petitioner, engaged in the export of leather shoes, had filed a shipping bill claiming duty drawback. The export transaction, the petitioner states, was also entitled for benefit under the Merchandise Exports from India Scheme (MEIS) notified under the Foreign Trade Policy....
Read MoreNola Ram Dulichand Dal Mills Vs Union of India & Ors. (Supreme Court of India) - Nola Ram Dulichand Dal Mills Vs Union of India & Ors. (Supreme Court of India) The appellant challenged the change in the Policy ‘Vishesh Krishi Upaj Yojna‘ wherein 100% export units were denied the benefit of exemption on the ground that the policy binds the respondents for a period...
Read MoreTrade Notice No.: 28/2020-21-DGFT - (30/09/2020) - Exporters are requested to submit copies of ICLCs opened before 14.09.2020 (ICLC dated 13.09.2020 or before that) for export of Onions to their Jurisdictional DGFT Regional Authority (RA) by 7th October, 2020....
Read MorePublic Notice No. 21/2015-2020-DGFT - (30/09/2020) - The period for installation and operationalisation of Radiation Portal Monitors and Container Scanner in the designated sea ports is extended upto 31.12.2020 vide Public Notice No. 21/2015-2020 dated 30th September, 2020. Government of India Ministry of Commerce & Industry Department of Commerce...
Read MorePublic Notice No. 20/2015-2021-DGFT - (29/09/2020) - Validity of all the Pre-Shipment Inspection Agencies (PSIAs) as listed in the Appendix 2G of A&ANF, is extended up to 31.12.2020 or until the new list of PSIAs is notified, whichever is earlier. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of...
Read MoreCase No. AD (OI)- 38/2020 - (29/09/2020) - Case No. AD (OI)- 38/2020 Initiation of anti-dumping investigation concerning imports of Calcined Gypsum Powder originating in or exported from Iran, Oman, Saudi Arabia and UAE...
Read MoreCase No.- (SSR) 07/2019 - (29/09/2020) - Case No.- (SSR) 07/2019 Final Findings in Sunset Review investigation concerning anti-dumping duty on imports of ‘Hot Rolled Flat Products of Stainless Steel – 304 grade’ originating in or exported from China PR, Malaysia and Korea RP....
Read MoreTrade Notice No.: 28/2020-21-DGFT - (30/09/2020) -
Public Notice No. 21/2015-2020-DGFT - (30/09/2020) -
Public Notice No. 20/2015-2021-DGFT - (29/09/2020) -
Case No. AD (OI)- 38/2020 - (29/09/2020) -
Case No.- (SSR) 07/2019 - (29/09/2020) -
Notification No. 33/2015-2020 - (28/09/2020) -
Case No. AD (OI)–28/2020 - (28/09/2020) -
Case No. AD-OI–26/2020 - (28/09/2020) -
Public Notice No. 19/2015-2020 - (28/09/2020) -
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