DGFT - Page 334

Special Advance License Scheme for export of Electronic Products

Public Notice No. 41 (RE-98)/1997-2002 (16/09/1998)

The exempt material which remain unutilised after the expiry of export obligation period, shall be liable for payment of Customs duty together with 24% interest per annum and surrender of SIL equivalent to 5 times the CIF value of such excess imports, if the imported inputs is under the negative list of imports....

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Amendments in the H.B. Vol. I, 1997-2002

Public Notice No. 40 (RE-98)/1997-2002 (15/09/1998)

A Software Technology Park unit may import free of duty all types of goods, including capital goods required by it for manufacture, production or processing provided they are not prohibited items in the Negative List of imports. The software Technology Parks Complex set up by the Central Government, Public or Private Sector Undertakings o...

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Public Notice No. 39 (RE-98)/1997-2002, Dated: 15.09.1998

Public Notice No. 39 (RE-98)/1997-2002 (15/09/1998)

In exercise of the powers conferred under Paragraph 4.11 of the Export & Import Policy, 1997-2002, the Director General of Foreidgn Trade hereby makes the following amendments in Schedule 2 Appendix 1 of the Book Titled, " ITC(HS) Classification of Export & Import Items 1997-2002....

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Deletion of. Sr. No.4 of H.B. Vol.II, 1997-2002

Public Notice No. 38 (RE-98)/1997-2002 (15/09/1998)

In exercise of powers conferred under Paragraph 4.11 of the Export and Import Policy, 1997-2002, as amended, the Director General of Foreign Trade hereby makes the following amendment in the Handbook of procedures, Vol.2, 1997-2002....

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Notification No. 21 (RE-98)1997-2002, Dated: 15.09.1998

Notification No. 21 (RE-98)1997-2002 (15/09/1998)

Machine tools, parts and accessories thereof; automotive components and accessories; bicycle parts and accessories; hand tools, cutting and small tools; castings and forgings (ferrous and non ferrous) all sorts; pumps, electric motors and parts thereof, fastners, all types (ferrous and non-ferrous); bright bars and shafting; scientific an...

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Amendments/modifications and addition in SION

Public Notice No. 37 (RE-98)/1997-2002 (10/09/1998)

Attention is invited to Paragraph 7.8 of the Export and Import Policy 1997-2002, as amended and Paragraphs 7.8, 7.9 and 7.10 of the Handbook of Procedures, Vol.1, 1997-2002, as amended and also to the Handbook of Procedures, Vol.2, 1997-2002 as amended from time to time....

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Notification No. 20 (RE)/1997-2002, Dated: 10.09.1998

Notification No. 20 (RE)/1997-2002 (10/09/1998)

In exercise of the powers conferred by the Section 5 of the Foreign Trade ( Development & Regulation) Act, 1992 ( No.22 of 1992) read with Paragraph 1.3 of the Export & Import Policy 1997-2002, the Central Government hereby makes the following amendment in the Export & Import Policy, 1997-2002....

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Notification No. 19 (RE-98)1997-02, Dated: 09.09.1998

Notification No. 19 (RE-98)1997-02 (09/09/1998)

In exercise of the powers conferred by section 5 of the Foreign Trade (Development and Regulation ) Act, 1992 (No. 22 of 1992) read with paragraph 4.1 of Export and Import Policy, 1997-2002 the Central Government hereby makes the following amendments under Chapter 84 of the ITC(HS) Classifications of Export and Import Items 1997-2002, pu...

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Condonation of delay in filing the applications for grant of DEPB, Special Import License etc. during the pen down strike from 2.7.1998 to 13.7.1998

Policy Circular No. 37 (RE-98)/98-99 (04/09/1998)

It has been reported by Regional Licensing Authorities that during the strike period from 2.7.1998 to 13.7.1998 many of the exporters were unable to submit the applications for DEPB, Special Import License etc. within the time limit prescribed in the policy and as such those applications will become time barred. In accordance with Paragra...

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Issue of Special Import Licences -Furnishing of documents

Policy Circular No. 36 (RE-98)/97-02 (04/09/1998)

The exporters of newspapers and periodicals are facing problems and are not able to get SIL even after satisfying the eligibility criteria of Paragraph 11.11 of Handbook of Procedures (Vol.1), because such exporters are granted permission by Reserve Bank of India to export their publications without completing G.R. formalities and / or by...

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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.