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 exempt material which remain unutilised after the expiry of export obligation period, shall be liable for payment of Customs duty together with 24% interest per annum and surrender of SIL equivalent to 5 times the CIF value of such excess imports, if the imported inputs is under the negative list of imports.
A Software Technology Park unit may import free of duty all types of goods, including capital goods required by it for manufacture, production or processing provided they are not prohibited items in the Negative List of imports. The software Technology Parks Complex set up by the Central Government, Public or Private Sector Undertakings or any combination, duly approved by the Inter-Ministerial Standing Committee and Software Technology Parks.
In exercise of the powers conferred under Paragraph 4.11 of the Export & Import Policy, 1997-2002, the Director General of Foreidgn Trade hereby makes the following amendments in Schedule 2 Appendix 1 of the Book Titled, ” ITC(HS) Classification of Export & Import Items 1997-2002.
In exercise of powers conferred under Paragraph 4.11 of the Export and Import Policy, 1997-2002, as amended, the Director General of Foreign Trade hereby makes the following amendment in the Handbook of procedures, Vol.2, 1997-2002.
Machine tools, parts and accessories thereof; automotive components and accessories; bicycle parts and accessories; hand tools, cutting and small tools; castings and forgings (ferrous and non ferrous) all sorts; pumps, electric motors and parts thereof, fastners, all types (ferrous and non-ferrous); bright bars and shafting; scientific and surgical instruments.
Attention is invited to Paragraph 7.8 of the Export and Import Policy 1997-2002, as amended and Paragraphs 7.8, 7.9 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.
In exercise of the powers conferred by the Section 5 of the Foreign Trade ( Development & Regulation) Act, 1992 ( No.22 of 1992) read with Paragraph 1.3 of the Export & Import Policy 1997-2002, the Central Government hereby makes the following amendment in the Export & Import Policy, 1997-2002.
In exercise of the powers conferred by section 5 of the Foreign Trade (Development and Regulation ) Act, 1992 (No. 22 of 1992) read with paragraph 4.1 of Export and Import Policy, 1997-2002 the Central Government hereby makes the following amendments under Chapter 84 of the ITC(HS) Classifications of Export and Import Items 1997-2002, published on 31st March, 1997 and as amended from time to time.
It has been reported by Regional Licensing Authorities that during the strike period from 2.7.1998 to 13.7.1998 many of the exporters were unable to submit the applications for DEPB, Special Import License etc. within the time limit prescribed in the policy and as such those applications will become time barred. In accordance with Paragraph 15.17 of the Handbook of Procedures, 1997-2002, (Vol.1), applications received after expiry of prescribed date of receipt, but within six months from the last date.
The exporters of newspapers and periodicals are facing problems and are not able to get SIL even after satisfying the eligibility criteria of Paragraph 11.11 of Handbook of Procedures (Vol.1), because such exporters are granted permission by Reserve Bank of India to export their publications without completing G.R. formalities and / or by post parcel without completing PP form formalities.
