DGFT

Export Oriented Units (EOUs) | Meaning & Complete Process

The full form of EOU is Export Oriented Units. Introduced in 1981, the scheme aims to increase exports from India, to thereby increase foreign exchange earnings and create employment. This scheme also complements other schemes such as Free Trade Zone (FTZ) and Export Processing Zone EPZ in India. The provisions of Chapter 6 of the [&helli...

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IEC Code License Mandatory For Export Service

INTRODUCTION An importer – exporter code (ice) is a key enterprise identification wide variety which compulsory for ship out from India or import to India. No commodity or import might be made by way of any character with out acquiring an ice besides if explicitly excluded. For administrations sends out in any case, ice will [&helli...

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How To Register RCMC In DGFT Online

How To Register RCMC In DGFT Online This article about The DGFT, who has now reported that compelling 1 April 2022, exporters will document a Registration cum Membership Certificate (RCMC)/Registration Certificate on the Common Online Platform? The ongoing methodology of topping off the application structure exclusively to the approved Re...

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Top 05 Shipping Companies in India (2022)

The delivery business in India assumes a critical part in countless ways. For one’s purposes, transporting is a significant supporter of the nation’s import and product business. Additionally, delivering regardless is a typical method of water transport, moving individuals and freight starting with one country and then onto th...

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India’s Pinnacle 10 Exports and Who Buys

With report exports inside the first seven months of 2021-22, India is well on route to fulfilling its goal of $400 billion in product exports. At the beginning of the financial year, a brutal second wave of Covid-19 changed into an excessive blow to the producing enterprise, supply chains, and the general fin...

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India’s Non-basmati rice exports grow by 109% since 2013-14

India’s non-basmati rice exports witnessed an astounding growth of 109 % from USD 2925 million in FY 2013-14 to USD 6115 million in FY 2021-22....

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India’s sugar exports grow by 291% since 2013-14

India's Sugar Exports witnessed an astounding growth of 291% from USD 1,177 million in FY 2013-14 to USD 4600 million in FY 2021-22. As per DGCI&S data, India exported sugar to 121 countries across the globe....

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Know Oil import by India from from Ukraine and Russia in 2020-21

India imported 17.44 LMT edible oils from Ukraine and 3.48 LMT edible oils from Russia in 2020-21 In a bid to control the rise in cooking oil prices, the Centre has cut the basic duty on Crude Palm Oil, Crude Soyabean Oil and Crude Sunflower Oil from 2.5% to Nil The basic duty on Refined […]...

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Import of Substandard & Harmful Toys from China declining

The import of toys, games, sports equipment from China is showing a declining trend. The imports of these products from China have reduced from 451.71 USD million in 2018-19 to 206.11 USD millions in 2021 (from April 2021 to Jan 2022)....

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9 Key schemes/interventions for Export Promotion by Government

Export Promotion Government is encouraging and promoting Indian exports in international markets and initiate suitable interventions from time to time. The key schemes/interventions taken are: 1. Market Access Initiative (MAI) Scheme provides assistance to Export Promotion Organizations/Trade Promotion Organizations/National Level Institu...

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Retrospective amendment of policy cannot take away vested rights of exporters

Torrent Power Ltd Vs Union of India (Gujarat High Court) - In the context of Export Import Policy 2002-07 it was held that the policy could not have been retrospectively amended by the Government without there being any express power in this regard and that in any case the retrospective amendment of policy cannot take away vested rights of the exporters....

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DGFT cannot take away benefits conferred by FTP by way of a circular

Essar Shipping Limited Vs Union of India (Bombay High Court) - Essar Shipping Limited Vs Union of India (Bombay High Court) By instituting this writ petition, petitioner seeks to challenge Policy Circular No. 25 of 2007 dated 1st January, 2008 issued by DGFT, the second respondent. According to the petitioner, in the garb of purported clarification, the DGFT ha...

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MEIS benefit cannot be granted merely on the basis of pleadings which are prima facie insufficient on the face of records

Ashwini Ashish Dighe Vs Union of India (Bombay High Court) - In view of absence of documentary evidence, and the findings and discussion hereinabove, the Petitioner cannot be granted MEIS benefit merely on the basis of pleadings which are prima facie insufficient on the face of record. Hence the Petition must fail....

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EOU not entitled to claim refund of TED on its own, may avail of the entitlements of DTA supplier specified in FTP

Sandoz Private Limited Vs Union of India (Supreme Court of India) - Export Oriented Unit (EOU) is not entitled to claim refund of Terminal Excise Duty (TED) on its own, however, adds a caveat that EOU may avail of the entitlements of Domestic Tariff Area (DTA) supplier specified in Chapter 8 of Foreign Trade Policy (FTP) on condition that it will not pass on that be...

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Detention order passed without application of mind is liable to be vitiated

Gopal Gupta Vs Union of India & Ors. (Delhi High Court) - Gopal Gupta Vs Union of India & Ors. (Delhi High Court) The petitioners herein have produced certified copies of the detention orders dated 17.05.2019 passed in the case of Union of India & Anr. vs. Dimple Happy Dhakad, reported as (2019) 20 SCC 609 (filed by the detenu’s wife) from the re...

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Extension in deadlines for submission of applications under MEIS

Notification No. 15/2015-2020-DGFT - (01/07/2022) - Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan, New Delhi Notification No. 15/2015-2020-DGFT New Delhi, the 1st July, 2022 Subject: Extension in deadlines for submission of applications under MEIS for exports made in the 4 months period, Sept 2020 to Dec ...

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Amendment in Export Policy of Motor gasoline

Notification No. 14/2015-2020 - (30/06/2022) - Amendment in Export Policy of Motor gasoline items under HS Codes 27101241, 27101242, 27101243, 27101244, 27101249, 27101941, 27101944 and 27101949 ...

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Migration of e-BRC Portal/Website to new IT platform – reg.

Trade Notice No. 13/2022-23-DGFT - (30/06/2022) - Existing eBRC module is now being upgraded to a new IT platform and it is proposed to discontinue earlier version (http://dgftebrc.nic.in/) from end of July 2022....

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DGFT clarifies on Chip Import Monitoring System (CHIMS)

Policy Circular No. 40/2015-2020 - (27/06/2022) - A. Whether multiple consignments against a CHIMS registration can be imported within the validity period of CHIMS Registration? Response: Importer may include multiple products in one registration number. However, for each shipment a separate registration number is required....

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DGFT notifies 1 new agency (PSIA) alongwith approved equipments

Public Notice No. 16/2015-2020 [F. No. 01/53/8/AM20/PSIA-2/IC] - (24/06/2022) - 01 Agency is notified as PSIAs alongwith their approved equipments. Additional areas of operation in respect of 02 existing PSIAs and additional instruments in respect of 03 existing PSIAs have also been notified. Government of India Ministry of Commerce & Industry Department of Commerce Udyog B...

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Recent Posts in "DGFT"

Extension in deadlines for submission of applications under MEIS

Notification No. 15/2015-2020-DGFT 01/07/2022

Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan, New Delhi Notification No. 15/2015-2020-DGFT New Delhi, the 1st July, 2022 Subject: Extension in deadlines for submission of applications under MEIS for exports made in the 4 months period, Sept 2020 to Dec 2020 S.O.(E): In exercise of the powers ...

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Amendment in Export Policy of Motor gasoline

Notification No. 14/2015-2020 30/06/2022

Amendment in Export Policy of Motor gasoline items under HS Codes 27101241, 27101242, 27101243, 27101244, 27101249, 27101941, 27101944 and 27101949 ...

Read More

Export Oriented Units (EOUs) | Meaning & Complete Process

The full form of EOU is Export Oriented Units. Introduced in 1981, the scheme aims to increase exports from India, to thereby increase foreign exchange earnings and create employment. This scheme also complements other schemes such as Free Trade Zone (FTZ) and Export Processing Zone EPZ in India. The provisions of Chapter 6 of the [&helli...

Read More
Posted Under: DGFT |

Migration of e-BRC Portal/Website to new IT platform – reg.

Trade Notice No. 13/2022-23-DGFT 30/06/2022

Existing eBRC module is now being upgraded to a new IT platform and it is proposed to discontinue earlier version (http://dgftebrc.nic.in/) from end of July 2022....

Read More

DGFT clarifies on Chip Import Monitoring System (CHIMS)

Policy Circular No. 40/2015-2020 27/06/2022

A. Whether multiple consignments against a CHIMS registration can be imported within the validity period of CHIMS Registration? Response: Importer may include multiple products in one registration number. However, for each shipment a separate registration number is required....

Read More

DGFT notifies 1 new agency (PSIA) alongwith approved equipments

Public Notice No. 16/2015-2020 [F. No. 01/53/8/AM20/PSIA-2/IC] 24/06/2022

01 Agency is notified as PSIAs alongwith their approved equipments. Additional areas of operation in respect of 02 existing PSIAs and additional instruments in respect of 03 existing PSIAs have also been notified. Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan, New Delhi Public Notice No. 16/20...

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Amendment in Import Policy Condition of Water Melon Seeds

Notification No. 13/2015-2020-DGFT [S.O. 2821(E).] 21/06/2022

Import of Water Melon Seeds falling under ITC(HS) code 12077090 is 'Free' till 30.09.2022. Given import shall be allowed from Kandla (INIXY1) and Mundra (INMUN1) Ports only....

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IEC Code License Mandatory For Export Service

INTRODUCTION An importer – exporter code (ice) is a key enterprise identification wide variety which compulsory for ship out from India or import to India. No commodity or import might be made by way of any character with out acquiring an ice besides if explicitly excluded. For administrations sends out in any case, ice will [&helli...

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Posted Under: DGFT |

SOP for Export of Sugar in view of restriction vide N/N. 10/2015-20

Standing Order No. 04/2022 10/06/2022

The quantity which has been dispatched from the sugar mill up to 31.05.2022 or which is in transit or lying on the port area shall continue to be undertaken for export without any requirement of separate release order in respect of source sugar mill....

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DGFT amends procedure for issue of GAICT of SCOMET items

Public Notice No. 14/2015-20-DGFT [F.No. 01/91/180/18/AM17/EC(S) (Computer No. 2862)] 13/06/2022

Existing entry at Paragraph 2.79F has been substituted in the Handbook of Procedures (HBP) of the Foreign Trade Policy (FTP) 2015-20 to amend the procedure for issue of Global Authorisation for Intra-Company Transfer (GAICT) of SCOMET items including software and technology. Henceforth, GAICT policy would be applicable only for export / r...

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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.

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