DGFT

Indian Export Promotion Schemes Should be in-line with WTO Norms

Foreign Trade Policy 2015-20 and other schemes provide promotional measures to boost India’s exports with the objective to offset infrastructural inefficiencies and associated costs involved to provide exporters a level playing field. At present there are multiple export promotion schemes as per FTP – 2015-20, as shown below, but none...

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All about Import Export Code (IEC) registration

Import Export (IE) Code is a registration required for persons importing or exporting goods and services from India. IE Code is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India. Without IEC no person is allowed to export or import goods. Certain category of importers and e...

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TMA scheme – An initiative to boost agriculture / food exports

Transport and Marketing Assistance (TMA) scheme for specified agriculture products aims to provide assistance for the international component of freight and marketing of agricultural produce. #Eligible persons All Exporters, duly registered with relevant Export Promotion Councils as per Foreign Trade Policy, of eligible agriculture produc...

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New Export incentive scheme- RoSCTL– Need of an hour!

In wake of complaints filed by USA against India to discontinue export incentive scheme (like MEIS), which is not in compliance with WTO guidelines, Commerce ministry has proposed new scheme- Rebate of State & Central Taxes and Levies Scheme (RoSCTL). Currently this scheme is available for Textile industry, however, it would be soon e...

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How to apply Importer and Exporter Code in 8 Simple Steps

Any person who wants to import or export any goods needs to first acquire an Importer and Exporter code (IEC) before importing or exporting such goods. IEC is issued by Directorate General of Foreign Trade (DGFT) and can be applied online by following this simple procedure. 1. Visit https://dgft.gov.in/ 2. Click on Services 3. In [&hellip...

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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 […]...

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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...

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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...

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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 ...

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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....

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Clubbing of Advance authorisations when not possible: HC explains

Jindal Poly Film Ltd Vs Designated Authority & Anr. (Delhi High Court) - Jindal Poly Film Ltd Vs Designated Authority & Anr. (Delhi High Court) In a case involving clubbing of Advance Authorisations issued in 2004 and 2010, Delhi High Court has held that clubbing can be provided only if export obligation period of authorization issued at a prior point of time allowed...

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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 ...

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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)....

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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 ...

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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...

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Claim of refund amount on account of double-payment of Customs Duty -Reg

Public Notice No. 92/2019-JNCH - (11/10/2019) - Verification from the PAO/e-PAO office regarding double/multiple payments for the same Bill of Entry of the amount to be refunded as also being reported by the banks in the scroll for transfer to RBI;...

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Amendment in import policy of Indian National Flag

Notification No.  24/2015-2020-DGFT - (11/10/2019) - Import of Indian National Flag not adhering to the specifications prescribed under Part – I, Section 1.2 of Flag Code of India, 2002 is Prohibited....

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Amendment in Import Policy Condition of Urea

Notification No. 23/2015-2020-DGFT - (11/10/2019) - Import Policy for Urea for industrial or non-agricultural use, besides Technical Grade Urea (TGU) and Industrial Urea shall be 'free' with immediate effect and M/s Rashtriya Chemicals & Fertilizers (RCF) is designated as STE for import of Urea on Government account....

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Late Cut imposed by system while applying MEIS on reactivated shipping bills

Trade Notice: 36/2015-2020-DGFT - (09/10/2019) - In order to address this issue of imposition of higher late cut by the system for re-activated shipping bills, members of the trade and the RAs may take note of the steps as mentioned in the sequence below:...

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Standard Operating Procedure for Export of Onion

Standing Order No. 19/2019-JNCH - (09/10/2019) - Standard Operating Procedure for Export of Onion as per para 1.05 of  the Foreign Trade Policy 2015-2020 considering Notification No. 21/2015-2020 dated 29.09.2019 issued by the DGFT whereby export of Onions has been prohibited with immediate effect. ...

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Recent Posts in "DGFT"

Claim of refund amount on account of double-payment of Customs Duty -Reg

Public Notice No. 92/2019-JNCH (11/10/2019)

Verification from the PAO/e-PAO office regarding double/multiple payments for the same Bill of Entry of the amount to be refunded as also being reported by the banks in the scroll for transfer to RBI;...

Read More

Amendment in import policy of Indian National Flag

Notification No.  24/2015-2020-DGFT (11/10/2019)

Import of Indian National Flag not adhering to the specifications prescribed under Part – I, Section 1.2 of Flag Code of India, 2002 is Prohibited....

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Amendment in Import Policy Condition of Urea

Notification No. 23/2015-2020-DGFT (11/10/2019)

Import Policy for Urea for industrial or non-agricultural use, besides Technical Grade Urea (TGU) and Industrial Urea shall be 'free' with immediate effect and M/s Rashtriya Chemicals & Fertilizers (RCF) is designated as STE for import of Urea on Government account....

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Late Cut imposed by system while applying MEIS on reactivated shipping bills

Trade Notice: 36/2015-2020-DGFT (09/10/2019)

In order to address this issue of imposition of higher late cut by the system for re-activated shipping bills, members of the trade and the RAs may take note of the steps as mentioned in the sequence below:...

Read More

Standard Operating Procedure for Export of Onion

Standing Order No. 19/2019-JNCH (09/10/2019)

Standard Operating Procedure for Export of Onion as per para 1.05 of  the Foreign Trade Policy 2015-2020 considering Notification No. 21/2015-2020 dated 29.09.2019 issued by the DGFT whereby export of Onions has been prohibited with immediate effect. ...

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DGFT clarifies on Steel Import Monitoring System

Policy Circular No. 29/2015-20-DGFT (04/10/2019)

Can steel and steel parts be imported through airfreight without SIMS registration? Response: There is no restriction on mode of transport but SIMS will not be applicable on air freighted goods as this mode is used for emergency/small volume -high value goods required at short notice....

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Indian Export Promotion Schemes Should be in-line with WTO Norms

Foreign Trade Policy 2015-20 and other schemes provide promotional measures to boost India’s exports with the objective to offset infrastructural inefficiencies and associated costs involved to provide exporters a level playing field. At present there are multiple export promotion schemes as per FTP – 2015-20, as shown below, but none...

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Posted Under: DGFT |

Imports of Pulses for year 2019-20 to be completed by 31.10.2019

Trade Notice No. 35/2019-20 (30/09/2019)

All importers are requested to stick to the date and complete their import by 31.10.2019, failing which the importers may be debarred for allotment of quota of pulses in future....

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Amendment in Export Policy of Electronic Cigarettes

Notification No. 22/2015-20-DGFT (30/09/2019)

Export of Electronic Cigarettes ( E-Cigarettes) including all forms of Electronic Nicotine Delivery Systems, Heat not burn products, e-hookah and the like devices, by whatever name called and whatever shape, size or form it may have, but not including any product licensed under the Drugs and Cosmetics Act, 1940 or any parts or components ...

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TMA for Specified Agriculture Products- Amendments in Aayat Niryat Form

Public Notice No. 38/2015-2020-DGFT (30/09/2019)

Director General of Foreign Trade hereby makes the following amendments in the Aayat Niryat Form-7(A)A of Chapter 7(A) of Handbook of Procedures 2015-20...

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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.