DGFT

SEIS under FTP

The benefit under the SEIS is admissible on Mode 1 and Mode 2 services. Major services covered would include Legal, Accounting, Architectural, Engineering, Educational, Hospital services, Hotels and restaurants and other business services....

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India Needs to Fundamentally Alter its Export Strategy

All the Export Promotion Schemes of Foreign Trade Policy are designed with theme of Import led Export Growth. With this falls placed hypothesis more and more Imports are encouraged with liberally imposed export obligation. As a net the benefits are imaginary but puncturing huge hole into the Exchequer and also killing the Domestic Industr...

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Advisory for Simplified Auto Registration at ICEGATE

In a bid to simplify auto registration for the IEC holders, the Central Board of Indirect Taxes and Customs ( CBIC ) has informed that the IEC holders can register with the Goods and Services Tax Identification Number (GSTIN). It was said that no Digital Signature is required for the same. The facility is now […]...

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Transport and Marketing Assistance (TMA) : An Incentive Scheme to Boost Agri-Exports

As a part of implementation action plan of Agriculture Export Policy, 2018, which the Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved in December 2018, with an aim to double the shipments to $60 billion by 2022 and integrating Indian farmers and agricultural products to the global value chain, the government now [&...

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“Modi”-Nomics : Vision to Double Agricultural Exports

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the Agriculture Export Policy, 2018.  The Cabinet has also approved the proposal for establishment of Monitoring Framework at Centre with Commerce as the nodal Department with representation from various line Ministries/Departments and Agencies and representative...

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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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Response to representations against Allocation of Quota for Pulses/Peas

Trade Notice No. 19/2019-2020-DGFT - (21/06/2019) - DGFT vide Minutes of the meeting dated 12.06.2019 has allocated quota for pulses and peas. However, many applicants whose applications were rejected have represented against the same. The total number of representation received is more than 200....

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Take utmost care while declaring country of origin and destination

Public Notice No. 58/2019-JNCH - (20/06/2019) - Importers, exporters and customs brokers need to take utmost care while declaring the country of origin and country of destination so that no such incidents recur in future....

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Discrepancy in HSN Code Classification of Stone & Marble Handicrafts- reg

Public Notice No. 57/2019 - JNCH - (19/06/2019) - While referring to the discrepancy in the classification of Stone & Marble Handicrafts under CTH 6802 or 6815, it has been concluded that the said items are rightly classifiable under heading 6802 subject to compliance to other conditions given in the explanatory notes to this heading....

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Imports of Maize (feed grade) under TRQ Scheme for 2019-20

Trade Notice No.18/2019-20 - (14/06/2019) - It has been decided that the quota of 1 Lakh MT may be distributed amongst the MMTC and NAFED equally. Therefore, MMTC and NAFED are allocated 50.000 MT each of Maize (feed grade) under the TRQ Scheme for 2019-20. subject to the conditions mentioned in Trade Notice no.02 dated 03.04.2019 and these i...

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DGFT waives off requirement of destruction certificate from excise/custom authorities

Public Notice No. 11/2015-2020 - (14/06/2019) - This Public Notice waives off the requirement of destruction certificate from excise/custom authorities for the unutilized duty free unregistered sources with pre-import condition. GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE PUBL...

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Recent Posts in "DGFT"

Response to representations against Allocation of Quota for Pulses/Peas

Trade Notice No. 19/2019-2020-DGFT (21/06/2019)

DGFT vide Minutes of the meeting dated 12.06.2019 has allocated quota for pulses and peas. However, many applicants whose applications were rejected have represented against the same. The total number of representation received is more than 200....

Read More

Take utmost care while declaring country of origin and destination

Public Notice No. 58/2019-JNCH (20/06/2019)

Importers, exporters and customs brokers need to take utmost care while declaring the country of origin and country of destination so that no such incidents recur in future....

Read More

Discrepancy in HSN Code Classification of Stone & Marble Handicrafts- reg

Public Notice No. 57/2019 - JNCH (19/06/2019)

While referring to the discrepancy in the classification of Stone & Marble Handicrafts under CTH 6802 or 6815, it has been concluded that the said items are rightly classifiable under heading 6802 subject to compliance to other conditions given in the explanatory notes to this heading....

Read More

Imports of Maize (feed grade) under TRQ Scheme for 2019-20

Trade Notice No.18/2019-20 (14/06/2019)

It has been decided that the quota of 1 Lakh MT may be distributed amongst the MMTC and NAFED equally. Therefore, MMTC and NAFED are allocated 50.000 MT each of Maize (feed grade) under the TRQ Scheme for 2019-20. subject to the conditions mentioned in Trade Notice no.02 dated 03.04.2019 and these imports should only take place with 'actu...

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DGFT waives off requirement of destruction certificate from excise/custom authorities

Public Notice No. 11/2015-2020 (14/06/2019)

This Public Notice waives off the requirement of destruction certificate from excise/custom authorities for the unutilized duty free unregistered sources with pre-import condition. GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE PUBLIC NOTICE NO. 11/2015-2020 NEW DELHI : D...

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DGFT notifies ANF 4R – Application form for claiming rebate under RoSCTI

Public Notice No. 10/2015-2020-DGFT (13/06/2019)

The criteria for claiming RoSCTL under the scrip mechanism has been changed, under which applications arc now required to be filed within 1 year of the Let Export date as mentioned in the Shipping bills. Further, ANF 4R , the application form for claiming rebate under RoSCTI. is also notified. Government of India Ministry of Commerce [&h...

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SEIS under FTP

The benefit under the SEIS is admissible on Mode 1 and Mode 2 services. Major services covered would include Legal, Accounting, Architectural, Engineering, Educational, Hospital services, Hotels and restaurants and other business services....

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Posted Under: DGFT |

Minimum Import Price of Cashew kernel (broken / whole) enhanced

Notification No. 8/2016-2020-DGFT (12/06/2019)

Central Government hereby amends the import policy conditions of cashew kernels (broken) against HS Code 08013210 and cashew kernel (whole) against HS Code 08013220 under Chapter 8 of ITC (HS), 2017, Schedule – I (Import Policy.  Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Fore...

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MEIS benefits for export of `Onions Fresh or Chilled’ made zero (0%)

Public Notice 09/2015-2020 (11/06/2019)

The rate at which MEIS benefits for export of `Onions Fresh or Chilled’ under ITC (HS) code 07031010 is granted under the FTP has been made zero (0%) from the current 10% with immediate effect. Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan, New Delhi Public Notice 09/2015-2020 Dated the ...

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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 under Paragraph 4.22 of the […]...

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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.