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...
Giving due consideration to the above argument put forth by The Cashew Export Promotion Council Of India, it has been decided that export of Cashew covered under ITC (HS) Code 080131, 080132 & 20081910 shall now be entitled for Vishesh Krishi Upaj Yojana benefits in respect of exports made between 01.09.2004 and 26.4.2005 .Policy circular No.18(RE2005)2004-2009 stands modified accordingly.
The words ‘Heavy metals within permissible limits’ have to be conspicuously displayed on the container of purely Herbal Ayurveda, Siddha and Unani medicines to be exported. Alternatively, a Certificate that ‘Heavy metals within permissible limits’ issued either by an inhouse laboratory fully equipped with appropriate equipments for testing heavy metals or by any other NABL/GLP accredited laboratory or any other approved laboratory has to be produced along with other consignment papers.
Import of motor cars, sports utility vehicles/all purpose vehicles shall be allowed only to hotels, travel agents, tour operators or tour transport operators and companies owning/operating golf resorts whose total foreign exchange earning from the hotel, travel & tourism and golf tourism sectors in the current and preceding three licensing years is Rs 1.5 crores or more. The ‘duty saved’ amount on all EPCG licences issued in a licensing year for import of motor cars, sports utility vehicles/all purpose vehicles shall not exceed 50% of the average foreign exchange earnings from the hotel, travel & tourism and golf tourism sectors in the preceding three licensing years. However, the parts of motor cars, sports utility vehicles/ all purpose vehicles such as chassis etc.
In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (Sl.No.66) read with Para 1.3, 2.1 & 2.29 of the Foreign Trade Policy, 2004-2009 (as amended from time to time), the Central Government hereby makes the following amendment in the Note under Chapter 26 of Schedule 2 of ITC(HS) Classifications of Export and Import Items, 2004-2009.
It is reiterated that the Certificate of Origin (NP) being issued by the agencies listed in Appendix 4-C of HBP Vol. I, should be strictly as per the official format, already notified by this Office as Annexure-II to Appendix 4-C. Agencies listed in Appendix 4-C and found not issuing the Certificate of Origin (NP) as per the prescribed official format, shall invite action as may be necessary, including delisting from the Appendix 4-C of HBP Vol.I.
In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2004-09 and Paragraph 1.1 of Handbook of Procedures (Vol.1), the Director General of Foreign Trade hereby makes the following amendments/deletions/corrections and additions in the Handbook of Procedures, Vol.2, 2004-2009, as amended.
The application for grant of credit under Vishesh Krishi Upaj Yojana may be made to the licensing authority concerned in the Aayaat Niryaat Form along with the documents prescribed therein. The applicant may file one or more applications subject to the condition that each application shall contain not more than 25 shipping bills. All the shipping bills in any one application must relate to exports made from one Customs House only.
Para 4.40 of the Handbook of Procedures (Vol 1) allows certain notified ports to be treated as a single port for the purposes of imports and exports. However, the present distributed architecture of the Customs electronic system does not allow import clearances from all the notified ports in the same city. Therefore, the Regional Licensing Authorities will issue all Licences for a single notified Port only along with the unique six digit Location Code of the Customs ‘Port of Registration’ to facilitate speedy clearances against the licences issued.
In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy – 2004-09, the Central Government hereby amends the ITC(HS) Classifications of Export and Import Items, 2004-09.
In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (Sl.No.66) read with Para 1.3, 2.1 & 2.29 of the Foreign Trade Policy, 2004-2009 (as amended from time to time), the Central Government hereby makes the following amendments against entries in Sl. No.48 in Chapter 12 of Schedule 2 of ITC(HS) Classifications of Export and Import Items, 2004-2009.
