DGFT Article, News Analysis Notification, Circulars, Policy Circulars, Press Release and Instructions issued by Direct General of Foreign Trade on Trade
DGFT : Learn the step-by-step procedure for APEDA Registration Cum Membership Certificate (RCMC) for exporters in India, including requir...
DGFT : The Director General of Foreign Trade (DGFT) has introduced new guidelines under Paragraph 4.94 in Chapter 4 of the Handbook of Pr...
DGFT : Learn the step-by-step procedure for obtaining an IEC code for import/export in India, including necessary documents and registrat...
DGFT : Explore evolution, regulations, and challenges of insider trading in India. Learn about SEBI's role, notable cases, and proposed s...
DGFT : Stay compliant with the June 2024 Compliance Calendar. Learn key due dates, forms, and filing requirements for DPT-3 and IEC Code ...
DGFT : Review of India’s 2024 trade achievements, including FTAs, export growth, Bharat Mart launch, digital trade platforms, and key s...
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 : Writ petitions were filed challenging the minutes of meeting held on 08.11.2024, though which TRQ (Tariff Rate Quota) allotted to ...
DGFT : Delhi High Court observed that once the DGFT had proceeded to issue the MEIS scrip to the writ petitioners, they would have been j...
DGFT : In these shipping bills, the Petitioner, the Petitioner’s Customs brokers inadvertently declared the Petitioner did not intend t...
DGFT : Delhi HC grants Chintamani Sharma & Sons 6 weeks to submit documents for Rs. 50 lakh DGFT penalty, citing DRI's role in delayed su...
DGFT : Madras High Court directed provisional release of Second-hand Highly Specialized Equipment - Digital Multifunction Print, Copying ...
DGFT : India restricts premium frozen duck meat imports to 3-star and above hotels, requiring authorization for distributors. Direct impo...
DGFT : DGFT invites applications for CPC and RPC import allocation for 2025-26. Submission deadline: Feb 28, 2025. Eligibility and proced...
DGFT : DGFT mandates online document submission and fee payments for FTDR Act proceedings, eliminating paper submissions to enhance ease ...
DGFT : DGFT mandates electronic Certificates of Origin via Trade Connect. Manual certificates issued after deadlines will be invalid and ...
DGFT : The Indian government has amended the export policy of raw human hair, changing its status from 'Restricted' to 'Prohibited,' with...
For taking supplies from such Private Bonded Warehouses no further endorsement of any kind on such specific licence or Advance Licence from the Licensing Authorities would be required. Accordingly, these licences which are valid for imports would be valid for taking supply from Private Bonded Warehouses also.
.Certain instances have been brought to the notice of DGFT wherein some of the exports effected by 100% EOU/ units in the Export Processing Zones are also being counted towards discharge of export obligation under advance licences or wherein DEPB benefits are being claimed. Thus the same exports are also being counted towards benefits under DEPB/advance licence as well as for discharge of export obligation by EOUs/EPZ units.
Attention is invited to the entry at Sl. No. 25 of Schedule 2 Appendix 1 of the book titled “ITC(HS) Classifications of Export and Import Items 1997-2002” and the Policy Circular No. 2 (RE-98)/98-99 dated 24.4.98 issued in this regard.
The matter has been re-examined in view of the fact that the DEPB rate for the formulations is likely to be notified shortly, it has been decided that the export of formulations of bulk drugs namely injection/Intravenous infusion/Syrup /Oral Suspension/ Tablet/ Capsule under DEPB scheme may be allowed provisionally even if no DEPB rate exist for such bulk drugs.
In respect of cases where Gold/Silver/Platinum has been booked with the nominated agencies but exports have not been effected within prescribed time limit, but have been completed subsequently, in respect of bonafide exporters, such cases may be regularised on payment of penalty equivalent to interest @24% on duty involved in such booking of the metal, for delayed period of exports.
Attention is invited to Ministry of Commerce (Import Trade Control) Public Notice No.74-ITC(PN)/85-88 dated the 21st February, 1986 on the subject mentioned above. It is hereby informed that in pursuance of the relevant provisions contained in the Indo-USSR deferred payments protocol dated the 30th April, 1981 and 23rd December, 1985.
This notification is issued for continuance of deemed export benefits for supplies made to Thermal Power Project of MPEB in the wake of withdrawal of World Bank Loan for this project subject to the terms and conditions mentioned in the foregoing Paragraph and in Appendix XVIII of the Hand-Book of Procedures (March, 1994 edition).
Public Notice No. 10 (RE-98)/1997-2002 outlines new DEPB credit rates for exports from April 1, 1997, and corrections to prior notices effective from April 15, 1998.
Notification No. 5 (RE-98) amends the Export and Import Policy (1997-2002), modifying DEPB transfer rules and NFE requirements for electronic hardware units.
Read the latest amendments to the Handbook of Procedures (Vol. I) under the Export and Import Policy 1997-2002 by the Ministry of Commerce, effective from April 30, 1998.
