DGFT

How to Apply for IEC (Import Export Code) and why it is necessary?

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!...

Mandatory Documents Required For Export And Import in India

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...

Import and Export Procedures in India

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....

Problems Faced by Industries Due to Self-Made law by DGFT in filing Annual Report

Explore hurdles faced by industries in filing DGFT's annual reports, impacting businesses. Recommendations for DGFT to streamline process and alleviate burdens on companies....

IEC Registration Made Easy: Your Gateway to International Trade

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 Minister Unveils Automatic ‘Status Holder’ Certificates

Union Commerce Minister Piyush Goyal introduces system-based 'Status Holder' certificates under Foreign Trade Policy 2023, streamlining export processes and promoting collaboration....

CBI Arrests DGFT Officers & MD in Bribery Case; 8 Get 4-Year Terms for Govt Revenue Loss

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. ...

Fresh guidelines for tyre manufacturers by Ministry of Commerce and Industry

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 Advance Authorisation Scheme: Duty-Free Imports for Export Inputs

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....

DGFT Advance Authorisation Scheme: Duty-Free Import for Export

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....

DGFT Trade Notice no. 08/2023 dated 20.06.2023 relating to export of broken rice set aside

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...

Notification dated 29.01.2020 revoking MEIS benefit retrospectively is unsustainable

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....

Proportionate increase in quota for import not entitled as Consent to Operate was issued after fixing total import limit

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...

Bombay HC Directs Joint Meeting between customs & DGFT authorities to Resolve Exporters’ Issues

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...

Exemption of IGST & GST Compensation Cess on import of inputs against Advance Authorization – SC reversed Guj HC Decision & allowed Revenue Appeal

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 ...

Export of food commodities permitted through NCEL

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...

Imposition of Minimum Export Price on export of Onions

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...

Gold Import Policy: Changes to HS Code 71081200 under Chapter 71

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...

Notice to CPC Manufacturers: Import of Raw Pet Coke Guidelines

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...

Policy Condition Incorporation for Non-Basmati Rice Export (HS Code: 10063090)

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...

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Recent Posts in "DGFT"

How to Apply for IEC (Import Export Code) and why it is necessary?

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!...

Posted Under: DGFT |

Mandatory Documents Required For Export And Import in India

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...

Posted Under: DGFT |

Import and Export Procedures in India

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....

Posted Under: DGFT |

DGFT Trade Notice no. 08/2023 dated 20.06.2023 relating to export of broken rice set aside

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 of broken rice....

Export of food commodities permitted through NCEL

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 dated 29.01.2020 revoking MEIS benefit retrospectively is unsustainable

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....

Imposition of Minimum Export Price on export of Onions

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...

Problems Faced by Industries Due to Self-Made law by DGFT in filing Annual Report

Explore hurdles faced by industries in filing DGFT's annual reports, impacting businesses. Recommendations for DGFT to streamline process and alleviate burdens on companies....

Posted Under: DGFT |

IEC Registration Made Easy: Your Gateway to International Trade

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....

Posted Under: DGFT |

Gold Import Policy: Changes to HS Code 71081200 under Chapter 71

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...

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.