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
Public Notice No. 14 (RE-98)/1997-2002, Dated: 05.06.1998
Export of Peacock Tail Feathers including Handicraft items and Articles made thereof during 1998-99
Export of Manufactured Articles/Shavings of Shed Antlers of Sambhar and Chital during 1998-99
Calculation of NFE for the purpose of Recognition of Export House etc. Deduction of c.i.f. value of imports
Monitoring of export obligation under EPCG scheme
Private Bonded Warehouses for imports
Policy Circular No. 6 (RE-98) /98-99 , Dated: 20.05.1998
Export of Sugar from the free sale quota of the year 1997-98 and 1998-99
Provisional Shipment under DEPB pending fixation of DEPB rate.
Public Notice No. 13 (RE-98)/1997-2002, Dated: 08.05.1998
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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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