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...
presentations have been received from the trade and also from the Economic and Commercial Counsellor’s Office Embassy of People’s Republic of China, New Delhi informing that, State Administration for entry – exit inspection and Quarantine of the People’s Republic of China has now been authorised by the concerned authority in China to issue such gradation certificates as were being issued earlier by CCIB, China.
Attention is invited to Paragraph 6.8 of the Handbook (Vol.1) wherein it has been stated that in such cases where nexus norms have already been communicated by Headquarters in any case or the same is already established on the basis of the EPCG licences issued in the past by the Port Offices, such applications may not be forwarded to Headquarters EPCG Committee.
Many references have been received seeking clarification whether a DEPB can be issued against a White Colour Shipping Bill generated through the EDI Systems in Customs. In this connection, it is clarified that DEPB benefits can be granted against a Shipping Bill, irrespective of its colour, having an endorsement on the Shipping Bill that the exports are made under the DEPB Scheme.
In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendments in the Notification No. 2(RE-2000)/97-02 dated 31.03.2000, namely.
The application shall file one application relating to one export product group from one port of export. Where export product falling under one product group have been exported from different port of registration, the exporter shall file more than one application for the same export product group.
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 31.3.97, the Director General of Foreign Trade hereby makes the following correction in the Handbook of Procedures (Vol.1) (RE-99), 1997-2002.
In the above Circular No.35, dated 01.10.99 the word “export obligation equivalent to 6 times or 8 times of the depreciated value mentioned in paragraph 3 and similarly referred to in the paragraph 4 may be corrected to read as export obligation 4 times or 6 times of the depreciated value.
In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendments in the ITC(HS) Classifications of Export and Import Items , 1997-2002 published on 31st March, 1997 (RE-98) as amended from time to time, namely.
In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendment in Schedule 2, of the book titled “ITC (HS) Classification of Export and Import Items 1997-2002.
In exercise of the powers conferred by the Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with paragraphs 1.3 and 4.1of the Export and Import Policy 1997-2002, as amended, the Central Government hereby makes the following amendment in the “ITC(HS) Classifications of Export and Import Items 1997-2002” (incorportaing amendments made upto 31stAugust,1998) as amended from time to time.