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Advance Authorisation Scheme- FAQs

Advance Authorization (earlier known as Advance License) is input duties neutralization scheme under the Foreign Trade Policy (‘FTP’) intended to reduce working capital requirements for exporters. Advance Authorisation is issued to allow duty free import of input, which is physically incorporated in export product (making normal allow...

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Posted Under: DGFT |

DGFT & CBIC: The ugly face of corrupt practices

There cannot be absolutely no quarrel with the fact that the DGFT is mandated to be the authority to facilitate the exporters. Therefore, it is really very surprising that why the DGFT should create stumbling blocks in the smooth implementation of the legal provisions contained in the FTP/HBP.  I am really very startled by the […]...

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Posted Under: DGFT |

Provision Of Status Holder – Under Foreign Trade Policy

Chapter 3 of the FTP 2015-20  contains the provision of Status Holder. Status Holders are business leaders who have excelled in international trade and have successfully contributed to country’s foreign trade. Status Holders are expected to not only contribute towards India’s exports but also provide guidance and handholding to new e...

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Posted Under: DGFT |

EPCG Scheme – Complete Analysis

EPCG Scheme is a very Beneficial Export Promotion Scheme through which Capital Goods required for Export Production is allowed Duty Free. The objective of the EPCG Scheme is to facilitate import of capital goods for producing quality goods and services and enhance India’s manufacturing competitiveness....

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Posted Under: DGFT |

Key Features Export Promotion Schemes – Under DGFT

Export promotion schemes under Foreign Trade Policy provides promotional measures to boost India’s exports with the objective to offset infrastructural inefficiencies and associated costs involved to provide exporters a level playing field. The Ministry of Commerce & Industry, Government of India is the overall in-charge of Foreign ...

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Posted Under: DGFT | , ,

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 |