DGFT - Page 20

Procedure for applying for Amnesty scheme by Advance & EPCG authorization holders

Policy Circular No. 1 /2023-24-DGFT 17/04/2023

Application for AA/EPCG discharge/closure shall be filed online by logging onto the DGFT Website and navigating to Services --> Advance Authorisation/DFIA --> Closure of Advance Authorisation. For EPCG please navigate to Services --> EPCG --> Closure of EPCG....

Extension of Validity of ANFs & Appendices issued under FTP (2015-20)

Public Notice No. 5/2023-DGFT [F. No. 01/75/171/00016/AM-23/FTP Cell.] 11/04/2023

DGFT extends validity of ANFs & Appendices notified under FTP (2015­20) till 31st May, 2023 or up to the date on which new ANFs & Appendices are notified...

Procedure for obtaining RC & allocation of QR for import of Isopropyl Alcohol

Public Notice No. 4/2023-DGFT [F. No. 01/89/180/Misc-3/AM-04/PC-2[A]/E-1877] 11/04/2023

Procedure for filing application/issuance of Registration Certificate (RC) for import of Isopropyl Alcohol [under ITC(HS) Code 29051220] subject to Country-wise Quantitative Restrictions (QR) for the year 2023­24 have been specified....

Issuance of EODC for AA and EPCG process from DGFT portal

Notification No: Trade Notice 01/2023-24 06/04/2023

Online application for redemption/closure of licence may be submitted by navigating to DGFT website --> Services --> AA / EPCG --> Closure of Advance Authorisation / Closure of EPCG....

Policy conditions for Halal Certification Process for Meat & Meat Products 

Notification No. 03/2023-DGFT[S.O. 1677(E)] 06/04/2023

Policy conditions for Halal Certification Process for Meat and Meat Products is notified vide Notification No. 03/2023-DGFT | Dated: 06th April, 2023 for Streamlining of Halal Certification Process for Meat and Meat Products. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Tra...

Analysis of Chapter 6 of HBP 2023 – EOUs, EHTPs, STPs & BTPs

This article is aimed at giving a comparative analysis of the new HBP provisions with the old provisions. In the new HBP 2023, the clarifications and instructions given under various occasions were summed up and provided for. Some of the provisions need further clarifications in due course of time....

Posted Under: DGFT |

Handbook of Procedures 2023 (HBP 2023)

Handbook of Procedures 2023 (w.e.f 1 st April, 2023) contains 11 chapters namely  Legal Framework and Trade Facilitation, General Provisions Regarding Imports and Exports, Developing Districts as Export Hubs, Duty Exemption / Remission Schemes, Export Promotion Capital Goods (EPCG) Scheme, Export Oriented Units (EOUs), Electronics Hardw...

Posted Under: DGFT |

Clause by clause comparision of Chpater 6 of FTP

The FTP 2015-20 was extended till 31.03.2023 and a new FTP 2023 without any end date has been announced effective 01.04.2023. In this article only Chapter 6 of the Policy is being compared and comments were given wherever the changes were proposed...

Posted Under: DGFT |

Date extended for Track & Trace system for export of drug formulations

Public Notice No. 3/2023-DGFT, [F.No. 01/91/180/648/AM-09/EC/E-21052] 03/04/2023

The date for implementation of Track and Trace system for export of drug formulations with respect to maintaining the Parent-Child relationship in packaging levels and its uploading on Central Portal has been extended up to 01.08.2023 for both SSI and non SSI manufactured drugs. Government of India Ministry of Commerce and Industry Depart...

Foreign Trade Policy 2023 (FTP 2023)

Foreign Trade Policy 2023 (FTP 2023) contain 11 chapters and applicable from 01.04.2023. 11 Chapter incudes chapters on Legal Framework and Trade Facilitation, General Provisions Regarding Imports and Exports, Developing Districts as Export Hubs, Duty Exemption / Remission Schemes, Export Promotion Capital Goods (EPCG) Scheme, Export Orie...

Posted Under: DGFT |

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.