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 electrical energy will not require authorization
DGFT Amends Category 3D001 of SCOMET List
Cut & polished diamonds of 0.10 carat or above can be exported and re-imported duty free
Non-requirement of Registration Certificates for export of non-basmati rice and wheat
Defective parts/spares imported exclusively for undertaking root cause analysis may not be re-exported
Prohibition on import of milk and milk products from China till till 23.6.2014
Amendment in Notification No 39(RE-2012)/2009-14 dated 25th March, 2013 relating to export of edible oils
Notification No. 21 (RE-2013)/2009-2014, Dated: 13.06.2013
Notification No. 20 (RE-2013)/2009-2014, Dated: 13.06.2013
DGFT – Two additional laboratories added for certification/grading of diamonds of 0.25 carats & above
Import of live-stock products-Amendment in ITC (HS) 2012, Schedule 1 (Import Policy)
Iran notified as country eligible to avail benefits of Para 2.35 (b) of FTP, 2009-2014
Regarding export of goods imported against payment in freely convertible currency where export proceeds can be realized in rupees
Export of sugar under Advance Authorization would not require Release Order from Directorate of Sugar
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.
