DGFT
Log in to FollowDGFT Article, News Analysis Notification, Circulars, Policy Circulars, Press Release and Instructions issued by Direct General of Foreign Trade on Trade
Import of Rakhi exempt from duty if Customs clearance sought as gifts
Mandatory supporting documents | Document code & IRN | Bills of Entry
Certificate of Origin | Export to Nepal | Foreign Trade Agreement (FTA) | Preferential Trade Agreement
Validity of Increased Rate of MEIS till 31 December 2019 only?
Advance Authorisation Scheme under FTP
How to gain competitive edge in international markets & trade fairs?
Changes in MEIS rates
Corrigendum to DGFT Notification No. 31/2015-2020 dated 13th November 2019
All Industry Rate available to Deemed Export Supplies
Inclusion of Agencies in Appendix 2G as Pre-Shipment Inspection Agencies
Latest DGFT / FTP News
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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.
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