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
Part delivery of DPD consignment selected for scanning – reg
Errata to Public Notice No. 50/2015-2020 dated 26th November, 2018
DGFT notifies Revised Regional Authorities and their Jurisdiction
Provision Of Status Holder – Under Foreign Trade Policy
EPCG Scheme – Complete Analysis
Availability of Speed Post dispatch particulars in MEIS module
DGFT amends Appendix 3B, Table 2 of MEIS
Govt notifies Wastage Norms & Value Addition of Gold religious idols
Govt allows export of Gold idols (only gods and goddess) from DTA
List of Refineries/Mint granted BIS Licence as on 31st July, 2018
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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