DGFT
Log in to FollowDGFT Article, News Analysis Notification, Circulars, Policy Circulars, Press Release and Instructions issued by Direct General of Foreign Trade on Trade
Notification No. 8 (RE-98)1997-02, Dated: 13/07/1998
Public Notice No. 22 (RE-98)/1997-2002: Amendments to Export & Import Procedures
Counting of third party exports under EPCG scheme
DEPB rates for PVC leather cloth/foam leather cloth
Clarification with regard to application of DEPB rate/ capping
Filing of export & import applications and submission of letters with the Regional Offices regarding
Policy Circular No. 21 (RE-98)/1997-2002: Addition of MPEDA to HACCP Certification List
Revalidation of Special Imprest Licence and Prorata reduction of export obligation in value terms under quantity wise Advance licence
Export of Powder Milk (Skimmed or Full Cream/Whole and Infant Milk Food, Pure Milk, Ghee and Butter during the licensing
Public Notice No. 20 (RE-98)/1997-2002: Amendment to License Validity for Gujarat Exporters
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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.
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