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

Entitlement for duty free import of sector specific inputs re-inserted for 5 Sectors

Officers authorised to grant or renew Import / Export licence of Restricted items for defence use

4 New agencies enlisted for issuing Certificate of Origin (Non-Preferential)

Revised foreign exchange earning criteria to be eligible for Duty Credit Scrip

Enhancement in rate of rewards for MEIS SI no. 207, HS Code 07122000

Clarification on term ‘Duty’ under Sl. No. 3 of Appendix 3A of FTP 2015-2020

Service Providers (and not Ports) are eligible for SFIS/SFIS benefit

Reg. Excess / Shortfall in Maintenance of Annual Average Export Obligation

Reg. Import Quota allotted under Indo-Sri Lanka Free Trade Agreement

Extension of date for mandatory digital payment through e-MPS
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.
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.
