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...
The import of components shall be permitted on net to net basis with accountability clause and the type, technical specifications (including part no., if any), etc., of the components sought for import should conform to those utilised in the manufacturer of the resultant product, which should be reflected in export documents (shipping bills) also.
The labelling requirements, as mentioned in para 4 of the Notification, shall be applicable only on imports of those pre-packaged commodities, which are intended for retail sale. Since import of raw materials, components, bulk imports etc., would invariably undergo further processing or assembly before they are sold to consumers, these imports shall not invite the application of labelling requirements as per para 4 of the Notification.
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 31.03.1997, the Director General of Foreign Trade hereby makes the following amendment in Handbook (Vol 1).(RE-00), 1997-2002.
In exercise of the powers conferred under Paragraph 4.11 of the Export & Import Policy, 1997-2002, (incorporating amendments made upto 31st March,2000) the Director General of Foreign Trade hereby specifies the quantitative ceiling for export of Cotton Yarn for the calender year 2001 as under.
The existing procedure in respect of preferential sugar export to the USA for issue of GSP Certificate as well as other Certification requirements if any prescribed specifically for export of sugar to USA shall continue to be followed and subject to prescribed pre-shipment certificate by Export Inspection Council.
The time limit, frequency, etc. for filing applications for fixation of brand rate of duty drawback shall be the same as for filing the claims indicated in sub paras (ii) & (iii) above. The provision of late cut as given in paragraph 15.16 shall also be applicable under this sub-paragraph.
Attention is invited to Paragraph 4.11 of the Export and Import Policy 1997-2002, as amended and Paragraphs 7.8 and 7.10 of the Handbook of Procedures, Vol.1, 1997-2002, as amended and also to the Handbook of Procedures, Vol.2, 1997-2002, as amended from time to time.
The exporters may apply for the export of above items within 15 days of issue of this circular to this office in prescribed form as given in Appendix 18A along with their profile in Form 1A of the Handbook of Procedure 1997-2002 ( as amended upto 31.3.2000) ( One exporter is entitled to one application only).
In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation ) Act, 1992 ( No. 22 of 1992 ) read with Paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002(incorporating amendment made upto 31.3.2000), the Central Government hereby makes the following further amendments in the ITC(HS) Classification of Export and Import items, 1997-2002 published on 31st March, 1997- ( RE-98) as amended from time to time.
Attention is invited to Para 4.19 of the Export and Import Policy, 1997-2002 (RE-2000), which stipulates that wherever any duty free import is allowed or where otherwise specifically stated, the importer shall execute a Legal Undertaking (LUT)/ Bank Guarantee (BG) with the Customs Authority before clearance of goods through the Customs, in the manner as may be prescribed by them. Attention is also invited to para 4.24 of Handbook of Procedures.
