DGFT
Log in to FollowDGFT Article, News Analysis Notification, Circulars, Policy Circulars, Press Release and Instructions issued by Direct General of Foreign Trade on Trade
DGFT allows Yellow Peas Import “Free” Without MIP or Port Restriction till 31.12.2024
DGFT Removes MEP on Onion Exports: Notification 28/2024-25
Abeyance of Gold Export Norms Notice Extended to 31.10.2024
Amendment in Import Policy condition for Raw Pet Coke & Calcined Pet Coke
DGFT Notifies Export of 8606 Metric Tonnes of Raw Cane Sugar to USA Under TRQ Scheme
Odisha Forest Dept Granted 12-Month Extension for Export of Red Sanders Logs
2024 Annual SCOMET Update Amends Appendix 3 to Schedule-2 of ITC (HS) Classification
Interest Equalization Scheme Extended Till 30th September 2024
DGFT delisted one agency from FTP 2023 for Issuing Non-Preferential Certificates of Origin
DGFT Extends Abeyance of Wastage Norms for Gold, Platinum & Silver Content Until 15 Sept
Latest DGFT / FTP News
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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.
