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
International Trade Settlement in Indian Rupee (INR)
Extension of validity of Pre-Shipment Inspection Agency (PSIAs) upto 31.12.2022
DFGT amends Appendix 3 (SCOMET items) to Schedule- 2 of ITC (HS)
Incorporation of new policy condition against Organic Non-Basmati Broken Rice
Export of wheat flour (atta) allowed under Advance Authorization Scheme
Description of export & import item of SION J-222 in Textile Product Group amended
One-time relaxation for submission of hard copy of applications for claiming TMA
DGFT doesn’t have power to amend FTP policy
Export Promotion Capital Goods Scheme
List of product groups showing percentage decline in exports during 2021-22
Odisha govt allowed time upto 06.10.2023 to finalize modalities for export of Red Sanders Heart Wood in log form
Govt notifies quantity of Sugar to be exported to EU & raw cane sugar to USA
Govt permit exports benefits/ fulfilment of Export Obligations for Invoicing, payment and settlement of exports and imports in INR
Govt permits Invoicing, payment & settlement of exports and imports in INR for Export Proceeds under EPCG Scheme
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.
