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258
Results
DGFT: Why we indulge in stupidity & rejoice
ramraj216
26 Dec 2019
0 comment
It is the prime responsibility of the policy makers to exercise due diligence in carrying out prime responsibility & in doing so application of mind should be visible. As per the mandate of the Parliament, the DGFT exists to facilitate exports by way of Export Promotion Policy. I have been involved with exports since 1983 […]...
Posted Under:
DGFT
|
Articles
Advance Authorisation Scheme under FTP
Siva Krishna Reganti
09 Dec 2019
4 comments
Article discusses Benefit for Advance Authorisation License holder, Who can Avail the Benefit of Advance Authorisation, Maximum limit for the License value, How to Avail the Benefit under Advance Authorisation, Conditions for Advance Authorisation scheme, Currency for the realization of Export Proceeds, Validity period of the License, Tim...
Posted Under:
DGFT
|
Articles
How to gain competitive edge in international markets & trade fairs?
bizbrains
07 Dec 2019
0 comment
Trade fairs are a great way to unlock huge potential to generate new business and expand business to new/emerging markets. Participating at a trade fair where you would be meeting exhibitors from many countries, is in itself a huge opportunity. Let’s prepare thoroughly and make the most of this opportunity! We can help you prepare [&hel...
Posted Under:
DGFT
|
Articles
All Industry Rate available to Deemed Export Supplies
abhishekj12
04 Dec 2019
1 comment
DGFT has recently made amendments in chapter 7 of FTP 2015-2020, wherein they have allowed industry to take benefit at All Industry Rate of Duty Drawback schedule notified by department of revenue in case of deemed export supply....
Posted Under:
DGFT
|
Articles
Guidelines to importers of Tobacco and Tobacco Substitutes
profbus11
24 Nov 2019
0 comment
How to import Tobacco and Tobacco Substitutes A basic idea about formalities and procedures to import Tobacco and Tobacco Substitutes from overseas countries are explained in this category ‘Import procedures’. These details are given to enlighten importers, a general tips to import goods from overseas countries applicable to almost al...
Posted Under:
DGFT
|
Articles
Import Procedure
profbus11
24 Nov 2019
2 comments
1. The initial step engaged in importing a product is to accumulate information about the nations and firms which send out the item required by the exporter. It can be accumulated from trade directories, trade organizations, and associations. The exporter readies a quotation otherwise called Performa Invoice and sends it to the importer. ...
Posted Under:
DGFT
|
Articles
Drawback on deemed supplies under FTP
venkat6688
21 Nov 2019
0 comment
In the present policy, the physical exports wherein goods move out of India are eligible for drawback and MEIS benefits. The deemed exports such as removal of goods to advance license holders / EOUs are eligible for duty drawback, refund of terminal excise duty for specified excisable goods and for advance license on annual basis....
Posted Under:
DGFT
|
Articles
Incorrect Data in certain IECs
amrinalwani
20 Nov 2019
0 comment
The Director General of Foreign Trade (DGFT) has recently issued a Trade Notice No. 39/2019-20 dated 19 November 2019 to highlight Incorrect Data in certain IECs (Import Export Code number). Please find below synopsis of Trade notice for your reference: On analysis of the DGFT IEC database, it has been observed that there are certain da...
Posted Under:
DGFT
|
Articles
CCC, Mumbai-II: Actions needs to be taken to help Exporters & Mitigate Corruption-2nd story
ramraj216
29 Oct 2019
0 comment
The Finance Minister assured that the refunds of the exporters will be handled on top priority. However, if the field formations are run as personal fiefdom, there is no scope for any success. More so when you are working in a legally oriented manner i.e. you are citing the responsibilities & obligations of the officials […]...
Posted Under:
DGFT
|
Articles
Indian Export Promotion Schemes Should be in-line with WTO Norms
SN Panigrahi
04 Oct 2019
0 comment
Foreign Trade Policy 2015-20 and other schemes provide 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. At present there are multiple export promotion schemes as per FTP – 2015-20, as shown below, but none...
Posted Under:
DGFT
|
Articles
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