DGFT - Page 336

Public Notice No. 30 (RE-98)/1997-2002, Dated: 21.08.1998

Public Notice No. 30 (RE-98)/1997-2002 (21/08/1998)

FOB value actually realised and date of realisation of export proceeds may not be given in cases where shipment has been made against irrevocable Letter of Credit. However, in such cases bank shall make an endorsement to this effect in column 14/15 of Appendix 25. ...

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Clarification on certain issues relating to EPCG, Duty Exemption and DEPB Scheme

Policy Circular No. 33 (RE-98)/98-99 (20/08/1998)

Kind attention is invited to Paragraph 6.5 (v) of the EXIM Policy, 1997-2002, which stipulate that the export obligation shall be over and above the average level of exports of the same product achieved by him in the preceding three licensing years. Some exporters have requested this office to clarify whether the average level of exports ...

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Policy Circular No. 32 (RE-98)/97-02, Dated: 20.08.1998

Policy Circular No. 32 (RE-98)/97-02 (20/08/1998)

Representations have been received from individual exporters as well as clarifications sought by different regional licensing authorities with regard to availibility of deemed exports benefits for supply of goods/services to Civil Constructions projects. The issue whether supply of goods/services to Civil Construction project should be en...

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Matter relating to Export Inspection Agencies

Policy Circular No. 31 (RE-98)/98-99 (17/08/1998)

In Appendix 32A of the Handbook of Procedures the list of Inspection and Certification agencies have been listed. These agencies have been recognised to issue Inspection Certificate under Paragraphs 5.3, 5.4 and 6.3 of the Handbook of Procedures, Vol. 1, l997-2002 (incorporating amendments made upto l3th April, 1998). These certificates i...

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Notification No. 14 (RE-98)1997-02, Dated: 14/08/1998

Notification No. 14 (RE-98)1997-02 (14/04/1998)

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, l997-2002, the Central Government hereby makes the following amendments in the ITC(HS) Classifications of Export and Import Items, l997-2002 published on 31st M...

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Notification No. 13 (RE-98)1997-2002, Dated: 14.08.1998

Notification No. 13 (RE-98)1997-2002 (14/08/1998)

Under the Scheme, manufacturer exporters, merchant exporters tied to supporting manufacturer(s) and service providers are eligible to import capital goods. For Agricultural exports, import of irrigation equipments may be allowed provided ownership of these equipments rest with the EPCG licence holder, such equipments are not sold or lease...

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Private Bonded Warehouse for imports and Policy Circular No. 7(RE-98)-99 dated 25.5.1998

Policy Circular No. 30 (RE-98)/98-99 (13/08/1998)

Instances have come to notice where some of the Licensing Authorities have been endorsing the licences to take supplies from Private Bonded Warehouses, which is not in keeping with the provisions of paragraph (vii) of the Policy Circular No. 7 dated 25.5.1998. The Licensing Authorities are hereby ordered not to make any such endorsement, ...

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Public Notice No. 29 (RE-98)/1997-2002, Dated: 10/08/1998

Public Notice No. 29 (RE-98)/1997-2002 (10/08/1998)

Application for grant of certificates for Export House shall be filed with the concerned regional licensing authorities headed by Joint DGFT. However, application for grant of certificate for TH/STH/SSTH shall be filed with the Director General of Foreign Trade....

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Public Notice No. 28 (RE-98)/97-02, Dated: 10.08.1998

Public Notice No. 28 (RE-98)/97-02 (10/08/1998)

In exercise of powers conferred under Paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India Extraordinary, Part – II Section 3 – Sub-section (ii) vide S.O. No. 283 (E) dated 31.3.1997, the Director General of Foreign Trade hereby makes following amendment in the Handbook of Procedures, 1997-200...

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Public Notice No. 27 (RE-98)/97-02, Dated: 06.08.1998

Public Notice No. 27 (RE-98)/97-02 (06/08/1998)

Attention is invited to Ministry of Commerce (Import Trade Control) Public Notice No. 74-ITC(PN)/85-88 dated the 21st February, 1986 on the subject mentioned above. It is hereby informed that in pursuance of the relevant provisions contained in the Indo-USSR deferred payments protocol dated the 30th April, 1981 and 23rd December, 1985....

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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.