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...
Representations have been received from the trade and industry that a doubt has arisen in the field formations of customs on the issue of allowing alternative inputs as per SION under DFRC scheme even if exactly the same input, in the product value added chain, has not been utilized in the manufacture of the exported product.
This Directorate has been receiving representations from various quarters seeking clarifications as regards the Classification of certain specific items under the ITC(HS) Classifications of Export and Import Items, 2004-09. Such requests for issue of appropriate clarifications etc. have been examined and based on the decision(s) arrived in consultation with the concerned Administrative Ministry/Departments.
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 DEPBs (and other licences also) 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 & Regulation) Act, 1992 (No.22 of 1992) read with paragraph 2.1 of the Foreign Trade Policy, 2004-2009, as amended, the Central Government hereby makes the following amendment in the Notification No.28(RE-2004)/2004-2009 dated 7th March, 2005.
In exercise of powers conferred under paragraphs 2.4 of the Foreign Trade Policy, 2004-09, in partial modification to Notification No. 20/2004-09 dated 17-8-2005 the Director General of Foreign Trade hereby announces that the Rate of Duty Drawback of Rs. 1025/- per M.T. for HSD, shall be applicable to supplies by domestic oil companies under various schemes under Chapters 4, 6, 7 & 8 of the Foreign Trade Policy.
In exercise of powers conferred under paragraphs 2.4 of the Foreign Trade Policy, 2004-09, in partial modification to Notification No. 29/2004-09 dated 9-3-2005 the Director General of Foreign Trade hereby announces that the Rate of Duty Drawback of Rs. 1300/- per M.T. for Furnace Oil, shall be applicable to supplies by domestic oil companies under various schemes under Chapters 4, 6, 7 & 8 of the Foreign Trade Policy, until further orders.
In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2004-2009, as amended, the Director General of Foreign Trade hereby makes the following amendment in the Public Notice No. 58 (RE-2004)/2002-2007, dated 7th March, 2005.
System and the DEPBs shall be registered at the Port of Registration electronically and no verification of Shipping Bills against which such DEPBs have been issued will be required before allowing imports against such DEPBs.
In terms of Para 3.7.2.1 (vi) of EXIM Policy (2002-07) issued on 31.03.2003, as amended. Representations were received from Trade & Industry to clarify the scope and meaning of nexus with product group, as contained in Para 3.2.6A (II) of the Handbook of Procedures Vol. I as amended.
In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2004-2009, as amended, the Director General of Foreign Trade hereby makes the following correction in the Public Notice No. 27 (RE-2005)/2004-2009, dated 14th July, 2005.