DGFT Article, News Analysis Notification, Circulars, Policy Circulars, Press Release and Instructions issued by Direct General of Foreign Trade on Trade
DGFT : Stay compliant with the June 2024 Compliance Calendar. Learn key due dates, forms, and filing requirements for DPT-3 and IEC Code ...
DGFT : Explore the latest amendment in the Foreign Trade Policy regarding RCMC issuance for medical devices. Learn how DGFT is addressing...
DGFT : Learn everything about the Advance Authorisation Scheme for duty-free inputs in exports. Eligibility, application procedure, duty ...
DGFT : Explore pervasive corruption within JNCH Customs, its impact on exporters, and urgent need for comprehensive reforms to restore in...
DGFT : Unveil why JNCH Customs manipulates CBIC & DGFT rules for ulterior motives. Detailed analysis of circulars, judicial pronouncement...
DGFT : DGFT modernizes foreign trade by automating ad-hoc Input Output Norms fixation, enhancing ease of business for exporters. Learn ab...
DGFT : CBIC introduces electronic disbursal of duty drawback directly to exporter's bank accounts via PFMS, enhancing transparency and ef...
DGFT : Government of India has sanctioned export of 99,150 metric tons (MT) of onions to six neighboring countries, namely Bangladesh, UA...
DGFT : Read about the collaboration between DGFT and DHL to boost Indian e-commerce exports. Learn how this MoU signing aims to empower M...
DGFT : Explore the enhanced eBRC system by DGFT, revolutionizing export processes. Self-certification, paperless generation, and benefits...
DGFT : In Embio Limited vs. Director General of Foreign Trade, the Supreme Court sets aside a penalty under Section 11(2) of the Foreign ...
DGFT : Delhi High Court grants MEIS benefits to JSW Steel Limited despite procedural errors in shipping bills. Detailed analysis of the j...
DGFT : Explore the Delhi High Court's judgment on AIDC exemption eligibility for soyabean oil imports under TRQ until 30.06.2023, despite...
DGFT : Explore the Supreme Court ruling in Union of India vs. B.T. Patil & Sons Belgaum, awarding 15% interest on delayed deemed-export d...
DGFT : Read the full text of Delhi High Court's judgment directing DGFT to issue Export Obligation Discharge Certificate in Gold Plus Gla...
DGFT : DGFT amends Para 4.49(b) of Handbook 2023, reducing composition fee for export obligations to 1% from earlier 3% vide Public Notic...
DGFT : Read DGFTs Trade Notice clarifying issues on the Interest Equalisation Scheme (IES) extension for export credit. Understand thresh...
DGFT : Explore DGFT Notification No. 19/2024-25 dated 5th July 2024, amending export policy conditions for Basmati and Non-Basmati Rice. ...
DGFT : Explore the latest DGFT notification (No. 20/2024-25) amending import policy conditions for fresh potatoes (ITC HS code 07019000) ...
DGFT : DGFT extends the Interest Equalisation Scheme for MSME exporters till August 31, 2024. Claims of non-MSME exporters not entertaine...
In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes the following amendments in Appendix 2 (List of Export Promotion Councils/ Commodity Board) of the Handbook of Procedures.
The export obligation period for a unit which converts from EOU / SEZ Scheme to EPCG Scheme would be the same as is available to a direct EPCG Authorization Holder i.e. 8/12 years from issue date of EPCG authorization as per Para 5.1 of Foreign Trade Policy (FTP).
Accordingly, it is clarified that the importers of waste paper, till the matter is suitably resolved, may make an import licence application to the concerned Regional Authority of DGFT for issue of an import licence. The import licence shall be issued by the concerned Regional Authority based on a ‘No Objection Certificate’ obtained by the importer from MOEF.
In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2004-09 and Paragraph 1.1 of the Handbook of Procedures (Vol.1), the Director General of Foreign Trade hereby makes the following amendments/ additions/deletions/corrections in the Handbook of Procedures, Vol. II, 2004-2009, as amended from time to time.
Clearance of import consignment shall be allowed by the Customs Authority as per the Procedure laid down by them for the Nominated Agencies by way of Customs Notification and / or Circular issued by them from time to time.
Applicant shall have the option to file BG/ LUT against each application or a Revolving BG / LUT. Such a revolving BG / LUT shall be valid at least for a period as stated in the guidelines issued for the purpose. Further the revolving BG/LUT shall be limited to a specific scheme, which means that for an exporter/party filing application for different schemes under the aforesaid laid down guidelines, shall be required to file separate BG/LUT for each scheme. BG/LUT filed in one RA shall not be utilized for BG/LUT to be filed in another RA for different application.
In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes the following amendments in Appendix 2 (List of Export Promotion Councils/ Commodity Board) of the Handbook of Procedures.
This scrip has been issued without submission of Bank realisation certificate. The applicant shall furnish BRC or other documents evidencing realisation of export proceeds (as allowed under the FTP and the procedure laid thereunder) within 12 months from the date of issuance of the Scrip. Applicant shall also be required to send a ‘Statement of export proceeds realisation’ shipping bill wise, to the Regional Authority concerned against each scrip, in original, every 3 months beginning from the date of issuance of individual scrip.
In exercise of the powers conferred by Section 5 read with Section 3(2) of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) and also read with Para 1.3 and Para 2.1 of the Foreign Trade Policy, 2004-2009 (as amended from time to time), the Central Government hereby substitutes, with immediate effect, Para 3 (i) of Notification No.15 (RE-2006)/2004-2009, dated 27.6.2006.
For exports made w.e.f. 1.4.2008, in Table 9 (Sl.No.26) of Appendix 37A, the following sentences are inserted at the end in the Note inserted vide Public Notice No.65 (RE-2008)/2004-09 dated 19.8.2008.
