DGFT

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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MEIS: Eligibility on Export From SEZ/EOU Unit on behalf of DTA Unit

DGFT clarified that the export which are made/have been made directly from SEZ/EOU unit to Foreign Consumer on whose behalf of DTA unit wherein export documents are prepared and field at the customs office of the concerned SEZ/EOU unit, mentioning the name of SEZ/EOU unit along with the name of DTA unit on whose behalf export are made, wo...

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Brief Guide For Export Business In India

If you are planning to start export business or already running export business, then you should know the procedures to set up or grow your export business in India. The Exporter needed to do following things for setting the desired export business in India. 1. Formation of Business Entity: The exporter of India can form […]...

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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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TRQ quota for import of 30,000 MT of crude soya oil from Paraguay

Public Notice No. 26/2015-2020 - (19/08/2019) - TRQ quota for import of 30,000 MT of crude soya oil from Paraguay under India – Mercosur Trade Agreement is notified vide Public Notice No. 26/2015-2020 dated 19th August, 2019. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade ...

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Initiation of Sunset review investigation | Imports of Flexible Slabstock Polyol

F.No. 7/1 2/2019-DGTR - (09/08/2019) - Case No. SSR 05/2019- Sub: - Initiation of Sunset review investigation concerning imports of Flexible Slabstock Polyol originating in or exported from Singapore....

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DGFT enable online filing of Application to avail TMA assistance

Trade Notice 29/2019-20-DGFT - (08/08/2019) - Exporters can now file applications online to avail assistance under the ‘Transport and Marketing Assistance (TMA) for Specified Agriculture Products’ Scheme on E-COM module....

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Mechanism to apply for additional claims under MEIS

Trade Notice No. 28/2019 -20-DGFT - (05/08/2019) - It may be noted that the Directorate has notified higher rates for certain HS Codes during the Mid Term Review of the Policy, for export made from 01.11.2017. This was done vide Public Notice 42 dated 24.11.2017, Public Notice 44 dated 05.12.2017, Public Notice 02 dated 01.05.2018 and Public Notice ...

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DGFT revises SION of Double Decorative/Single side Laminates with or without Barrier Paper

Public Notice No. 24/2015-20-DGFT - (05/08/2019) - Revision of SION H-68, H-301 & H-302 of Export Products- Double Decorative/Single side Laminates with or without Barrier Paper — M/s Marino Industries Ltd., M/s Merino Panel Product Ltd. & M/s Greenlam Industries Ltd., Kolkata...

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Recent Posts in "DGFT"

TRQ quota for import of 30,000 MT of crude soya oil from Paraguay

Public Notice No. 26/2015-2020 (19/08/2019)

TRQ quota for import of 30,000 MT of crude soya oil from Paraguay under India – Mercosur Trade Agreement is notified vide Public Notice No. 26/2015-2020 dated 19th August, 2019. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade PUBLIC NOTICE No. 26/2015-2020 NEW DELHI...

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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...

Read More
Posted Under: DGFT |

Initiation of Sunset review investigation | Imports of Flexible Slabstock Polyol

F.No. 7/1 2/2019-DGTR (09/08/2019)

Case No. SSR 05/2019- Sub: - Initiation of Sunset review investigation concerning imports of Flexible Slabstock Polyol originating in or exported from Singapore....

Read More

DGFT enable online filing of Application to avail TMA assistance

Trade Notice 29/2019-20-DGFT (08/08/2019)

Exporters can now file applications online to avail assistance under the ‘Transport and Marketing Assistance (TMA) for Specified Agriculture Products’ Scheme on E-COM module....

Read More

Mechanism to apply for additional claims under MEIS

Trade Notice No. 28/2019 -20-DGFT (05/08/2019)

It may be noted that the Directorate has notified higher rates for certain HS Codes during the Mid Term Review of the Policy, for export made from 01.11.2017. This was done vide Public Notice 42 dated 24.11.2017, Public Notice 44 dated 05.12.2017, Public Notice 02 dated 01.05.2018 and Public Notice 28 dated 08.08.2018....

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DGFT revises SION of Double Decorative/Single side Laminates with or without Barrier Paper

Public Notice No. 24/2015-20-DGFT (05/08/2019)

Revision of SION H-68, H-301 & H-302 of Export Products- Double Decorative/Single side Laminates with or without Barrier Paper — M/s Marino Industries Ltd., M/s Merino Panel Product Ltd. & M/s Greenlam Industries Ltd., Kolkata...

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Provision for claiming additional benefits under MEIS

Public Notice No. 23/2015-2020 (05/08/2019)

provision enabling issue of additional benefits under MEIS for HS Codes, for which enhanced rates under MEIS were notified with a retrospective effect, has been incorporated in the Handbook of Procedure, 2015-20....

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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...

Read More
Posted Under: DGFT |

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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Posted Under: DGFT |

DGFT Modifies Para 4.12(vi) of HBP and add Appendix 4P to HBPs

Public Notice No. 25/2015-2020 (14/08/2019)

Norms ratified by any Norms Committee (NC) in the O/o DGFT on or after 01.04.2015 in respect of any Advance authorization obtained under paragraph 4.07, shall-be valid for the entire period of the Foreign Trade Policy i.e. up to 31.3.2020 or for a period of three years from the date of ratification, whichever is later....

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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.