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

Prohibition on import of milk and milk products from China extended till 23.6.2013

Export of onions allowed without any MEP (Minimum Export Price)

Export of Specified products from North Eastern Region & Sikkim entitled for additional 1% Duty Credit Scrip

DGFT – Appendix 37A, 37C & 37D come into effect on 5th June, 2012

Banks to upload Bank Realization Certificate (BRC) online

Amendment of SION E-125 under Food Product Group

Govt removes restriction on export of Skimmed Milk Powders

Skimmed Milk Powder added under Vishesh Krishi and Gram Udyog Yojana (VKGUY)

Highlights of Annual Supplement 2012-13 to Foreign Trade Policy 2009-14

Address by Shri Anand Sharma At the Release of Annual Supplement 2012-13 To the FTP 2009-14
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.
