DGFT - Page 4

Procedure to clear Imports Cargo in wake of roll out of GST

Standing Order No. 18 /2017- Custom Duty (06/07/2017)

Due to extensive changes in the systems during the roll out of GST, and ensuring that there is no delay in clearance of such goods due to system issues following decisions have been taken :...

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Procedure for drawing of samples and testing during Export – Reg.

Standing Order No. 19/2017 (05/07/2017)

Attention of all officers posted in the CFSs for clearance of the export cargo is invited to the Board Circular Nos. 34/95, dated 06.04.1995; 1/2011-Customs, dated 04.01.2011; along with the S.O. No. 41/2007, dated 10.10.2007; 42 /2011, dated 13.05.2011; and Standing Order No.17/2009, dated 21.04.2009; as amended vide Standing Orders No. ...

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Procedure for amendment/ conversion of free shipping bills to Export Promotion shipping bills

Public Notice No. 88/2017 (05/07/2017)

Procedure for amendment/conversion of free shipping bills to Export Promotion shipping bills and amendment/conversion of shipping bills from one scheme to another scheme-...

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Export of Sandalwood oil moved from ‘Free’ to ‘Restricted’ category

Notification No. 15/2015-2020 (05/07/2017)

Central Government hereby makes the following amendments in Notification No. 37/2015-2020 dated 27.01.2017 on (Export policy of Sandalwood oil at Sr. No. 185, Chapter 44 of ITC(HS) Classification - Schdule 2 (Export Policy), with immediate effect:...

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Priority in ‘Assessment’ of Bill of Entry of DPD Status Holder in JNCH – reg.

Public Notice No. 86/2017-JNCH (30/06/2017)

If such Bill of Entry is not assessed on priority, for any reason thereof, within 06 hours of the request made, then the concerned Group AC/DC should place such Bill of Entry details before the concerned ADC/JC for taking necessary action in the matter. Further, even if, assessment of such Bill of Entry is not resolved at the level of con...

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MEIS benefit for Onions Fresh or Chilled extended till 30.09.2017

Public Notice 10/2015-2020-DGFT (30/06/2017)

The MEIS benefit for export of 'Onions Fresh or Chilled' under ITC (HS) code 07031010 is extended up to 30.09.2017 vide Public Notice 10/2015-2020...

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DGFT Notification No.14/2015-2020 Dated: 30 June, 2017

Notification No.14/2015-2020 (30/06/2017)

M/s International Gemological Institute (India) Pvt Ltd, Bandra Kurla Complex, Mumbai is added as agency permitted to import duty free diamonds for certification/grading and subsequent re-export, subject to conditions mentioned in paragraph 4.75 of Handbook of Procedures 2015-20 and other applicable provisions of the law in this regard....

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Priority in Assessment of Bill of Entry of DPD Status Holder in JNCH

Public Notice No. 87/2017-Customs (30/06/2017)

Accordingly, it has been decided that any request received from the DPD Importer by the concerned Group AC/DC, either through letter or SMS/whatsapp at their mobile numbers listed on JNCH website or by email at appraisingmain.jnch@gov.in should be attended by the concerned Group immediately....

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FTP provisions related to implementation of GST

Trade Notice No. 11/2018 (30/06/2017)

Important FTP provisions in the context of the implementation of the GST regime applicable w .e.f. 01.07.2017. The chapter wise provisions of the FTP 2015-20: ...

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DGFT: Can manipulation be termed as Export Promotion

DGFT exists as on date & the DGFT is the policymaker & Customs simply an implementer. However, under the new GST regime, there seems that the authority of the DGFT is totally undermined as if that authority does not exist anymore. However, it appears that the DGFT in itself has brought upon them this situation....

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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.