DGFT - Page 5

Implementation of Yellow Peas Import Monitoring System

Public Notice No. 35/2023-DGFT [F. No.01/89/180/02/AM-21/PC-2[A]./E-27607] 13/12/2023

Stay compliant with DGFT India's latest guidelines on Yellow Peas imports. Learn about the YP-IMS registration process, deadlines, and important details. Stay informed...

Amendment in Rice Export Policy: Changes in Conditions 55 & 57

Notification No.52/2023 [S.O.5317(E).] 12/12/2023

Explore the latest amendment to the ITC(IIS) Export Policy, 2018 by the Ministry of Commerce, affecting conditions for exporting Basmati and Non-Basmati rice to European countries....

Prohibition on De-Oiled Rice Bran Export Extended Till March 31, 2024

Notification No. 51/2023-DGFT [S.O. 5222(E)] 08/12/2023

Explore the latest DGFT Notification 51/2023 dated 8th December, amending the export policy of De-Oiled Rice Bran, extending the prohibition till March 31, 2024....

Yellow Peas Import Policy amended to ‘Free’ till 31st March 2024

Notification No. 50/2023-DGFT [S.O. 5226(E)] 08/12/2023

Read recent amendments to India's Yellow Peas import policy under ITC(HS) Code 07131010. Learn about revised conditions, MIP removal, and the impact on trade....

Export policy of onions amended to ‘Prohibited, till 31.03.2024

Notification No. 49/2023-DGFT [S.O. 5201(E)] 07/12/2023

Explore the impact of DGFT Notification 49/2023 on onion exports. Changes in export policy, conditions, and exemptions discussed. Effective from December 8, 2023...

Export of Non-Basmati White Rice to Comoros, Madagascar etc. via NCEL

Notification No. 48/2023-DGFT [S.O. 5183(E).] 07/12/2023

Explore DGFT Notification 48/2023, permitting Non-Basmati White Rice export to Comoros, Madagascar, Equatorial Guinea, Egypt, and Kenya through NCEL. Get insights now...

Exemption for Non-Basmati Rice Export to Nepal Earthquake Victims

Notification No. 47/2023-DGFT [S.O. 5182(E).] 07/12/2023

Explore DGFT Notification 47/2023 by the Government of India, granting a one-time exemption for Indian Rice Exporters Federation to export 20 MT of Non-Basmati Rice for Nepal earthquake victims...

DGFT Amnesty Scheme: Deadline Extended for Export Obligation Cases

Trade Notice No. 35/2023-24-DGFT 05/12/2023

Trade Notice 35-2023: DGFT Amnesty Scheme extension till 31.12.2023. Addressing default cases under Advance Authorisation and EPCG Schemes. Apply now...

How to Apply for IEC (Import Export Code) and why it is necessary?

Learn what an IEC (Import Export Code) is and why it's important when conducting business abroad. Get insight on how to obtain it quickly & easily!...

Posted Under: DGFT |

Mandatory Documents Required For Export And Import in India

Explore the streamlined import and export procedures in India with the reduction of mandatory documents to just three for each process. Learn about the positive impact on 'Ease of Doing Business...

Posted Under: DGFT |

Latest DGFT / FTP News

Checkout all the latest news on DGFT and DGFT notifications at Taxguru.in. Read DGFT articles and DGFT news on our website which is updated regularly.

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.