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PRC/DGFT: Is contempt of Supreme Court simply a joke?

A speaking order is an order that speaks for itself & should stand the test of legality, fairness and reason at all the higher appellate forums. Effectively this means that, the order should contain all the details of the issue, clear findings and a reasoned order. However, when the system is corrupt & rotten to […]...

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Posted Under: DGFT |

Export Promotion Capital Goods (EPCG) Scheme -A Brief Study

EPCG, an export promotion scheme launched by DGFT in its Foreign Trade Policy 2015-20 promotes import of capital goods to enhance India's manufacturing competitiveness. This article is an effort to a give a brief insight into the scheme....

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Posted Under: DGFT |

Service Exports from India Scheme (SEIS)- A Study

SEIS is one of the Exports from India Scheme launched by DGFT in Chapter 3 of Free Trade Policy 2015-20. This article describes the same in detail....

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Posted Under: DGFT |

Merchandise Exports from India Scheme (MEIS)

This article contains description of Merchandise Exports from India Scheme (MEIS), one of the export scheme launched by DGFT in its Foreign Trade Policy 2015-20....

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Posted Under: DGFT |

Registration Cum Membership Certificate (RCMC) In DGFT

INTRODUCTION  RCMC (Registration Cum Membership Certificate) in DGFT is a membership certificate issued for 5 years by Export Promotional Councils (EPCs) or Commodity Boards of India. This certificate is issued as a proof that any particular exporter is registered with the council/Board. FOR WHOM RCMC IS MANDATORY Any person applying for...

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Posted Under: DGFT |

Amendments Made by DGFT In The Month of August 2018

In this Article, we will be studying some of the important amendments made by DGFT during the month of August, 2018. 1. Public Notice No. 26/2015-20 dated 01/08/2018 – Directorate General of Foreign Trade inserts the following list of services falling under the jurisdiction of Services Export Promotion Council (SEPC) under which SEPC sh...

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Posted Under: DGFT |

Why DGFT should undermine the Prime Minister and the Parliament?

As on today also, I am very often perturbed while dealing with the Indian bureaucracy that whether I am dealing with a policy maker or the gatekeeper for the simple reason that when the policymakers are caught cheating, they simply pretend that they do not even understand the very basics ! The Prime Minister & […]...

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Posted Under: DGFT |

Recent amendments by DGFT in IEC registration process?

Export-import entities have been encountering numerous difficulties in the entire process of IEC registration and IEC modification due to, inter alia, technical glitches such as internet browser errors and disrupted browser settings of DSCs (digital signs). In order to cope with the abovementioned hitches, the Directorate General of Forei...

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Posted Under: DGFT |

All New Process of Applying Import And Export Code

 Q 1. What is the technical requirement for filing an Import And Export Code (IEC)? Ans: (i) A valid PAN (ii) Valid Mobile Number and Email (iii) Scanned copy of the documents to be Q 2. How to apply for new IEC application? Ans: On the DGFT website under Quick links select Apply for New […]...

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Posted Under: DGFT |

DGFT & CBIC: Real doomsayers of Indian Economy? 1st Story

As far as I understand, the export promotion policy is put in place to promote the exports from India. However, I doubt it very much, the way; the Indian bureaucracy formulates & implements the same. The transaction costs of export administration are so high within the system that even the incentives have no meaning because the exporters ...

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Posted Under: DGFT |