Learn what an IEC (Import Export Code) is and why it's important when conducting business abroad. Get insight on how to obtain it quickly & easily!...
Explore the streamlined import and export procedures in India with the reduction of mandatory documents to just three for each process. Learn about the positive impact on 'Ease of Doing Business...
Explore the key stages of import and export procedures in India, including the IEC process, legal compliance, licensing, customs clearance, and tax obligations. Get insights for establishing a trading company....
Explore hurdles faced by industries in filing DGFT's annual reports, impacting businesses. Recommendations for DGFT to streamline process and alleviate burdens on companies....
In the realm of international trade, the Import Export Code (IEC) plays a pivotal role, serving as a fundamental requirement for businesses engaged in import and export activities....
Union Commerce Minister Piyush Goyal introduces system-based 'Status Holder' certificates under Foreign Trade Policy 2023, streamlining export processes and promoting collaboration....
An in-depth look into CBI's arrest of two DGFT officers and a private company MD in a bribery case, along with a related case of bribery involving Central Excise officials and company representatives. ...
Ministry of Commerce & Industry Fresh guidelines for tyre manufacturers by Ministry of Commerce and Industry The Indian tyre industry has been witnessing a rise in the demand for production of tyres for export and domestic sales. The increasing ownership of vehicles aids the tyre industry. There is also a surge in demand for tyres [&h...
DGFT implements Advance Authorisation Scheme, allowing duty-free import of inputs for export purposes. Learn about enhancements in Advance Authorisation and Norms Fixation Workflow, simplifying process for exporters....
Learn about the Directorate General of Foreign Trade's (DGFT) Advance Authorisation Scheme, enabling duty-free import of inputs for export purposes. Explore the significant enhancements in the Advance Authorisation and Norms Fixation Workflow, simplifying the process and improving ease of doing business....
Asfive Agro Private Limited & Ors Vs Union of India And Ors. (Delhi High Court) - Delhi High Court held that the Trade Notice no. 08/2023 dated 20.06.2023 issued by DGFT setting out the conditions of eligibility and procedure for allocation of quota for export of broken rice set aside. Further, respondent are directed to re-evaluate the criteria for allocation of quota for export...
Indian Flexible Intermediate Bulk Container Association Vs Director General Of Foreign Trade (Delhi High Court) - Delhi High Court held that the notification dated 29th January 2020, retrospectively revoking the benefit under the Merchandise Exports from India Scheme (MEIS) in respect of Flexible Intermediate Bulk Container bags, with effect from 7th March 2019, is unjustified and unsustainable in law....
Sanvira Industries Vs Rain CII Carbon (Vizag) Ltd & Ors (Supreme Court of India) - Supreme Court held that proportionate increase in quota for import not entitled as Consent to Operate on enhanced production capacity was issued after fixing the total import limit...
Tru-Sprag Freewheels Private Limited Vs Union of India and Ors. (Bombay High Court) - Tru-Sprag Freewheels Private Limited Vs Union of India and Ors. (Bombay High Court) In the Tru-Sprag Freewheels Pvt Ltd vs. Union of India and Others case, the petitioner, an exporter, faced a denial of benefits under the EPCG Scheme due to an inadvertent error in the shipping bill filing. Despite a...
Union of India Vs Cosmo Films Limited (Supreme Court of India) - Supreme Court has reversed the decision of Guj HC Decision & allowed the Revenue Appeal GST/Customs - Section 3(7) and Section (9) of the Customs Tariff Act, 1975 - Exemption of IGST and GST Compensation Cess on import of inputs against Advance Authorization – Revenue appeal against Gujarat High ...
Notification No. 46/2023-DGFT [S.O.5115(E)] - (30/11/2023) - Read DGFT Notification No.46/2023 dated 30 November, 2023, permitting export of specific food commodities through National Cooperative Exports Limited (NCEL). Learn about affected trade notices and the directorate's decision...
Notification No. 45/2023- DGFT [S.O. 5031(E)] - (23/11/2023) - Stay informed with DGFT Notification 45/2023 on onions. Learn about the Minimum Export Price (MEP) of US $800 F.O.B per Metric Ton till 31st December 2023 and its impact on onion exports...
Notification No. 44/2023- DGFT [S.O. 4990(E)] - (20/11/2023) - Latest amendment in India's gold import policy. Explore revised conditions for HS Code 71081200 under Chapter 71, bringing key changes for importers...
Trade Notice No. 34/2023-24 - (16/11/2023) - Explore the latest trade notice from the Ministry of Commerce, India, guiding Calcined Petroleum Coke (CPC) manufacturers on the import of Raw Petroleum Coke (RPC). Deadline, requirements, and key details included...
Notification No. 43/2023 - DGFT [S.O. 4898(E)] - (11/11/2023) - Explore the impact of DGFT Notification 43/2023, granting a one-time exemption for Patanjali Ayurved's export of Non-basmati white rice under HS Code 1006 30 90 to Nepal for earthquake victims...
Asfive Agro Private Limited & Ors Vs Union of India And Ors. (Delhi High Court) -
Notification No. 46/2023-DGFT [S.O.5115(E)] - 30/11/2023
Indian Flexible Intermediate Bulk Container Association Vs Director General Of Foreign Trade (Delhi High Court) -
Notification No. 45/2023- DGFT [S.O. 5031(E)] - 23/11/2023
Notification No. 44/2023- DGFT [S.O. 4990(E)] - 20/11/2023