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Problems in online IEC application & Solution

While applying online for importer exporter code (IEC) some user may encounter a Java Error like the one given below – ERROR WHILE SENDING OUTPUT access denied (“java.net.SocketPermission” “164.100.128.143:8100″ “connect,resolve”) In this article we have discussed the solution and steps to remove above error. 1. Download...

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Posted Under: DGFT |

Export Incentives – CENVAT Credit availed by deemed exporters – Inputs utilised in manufacture of export products – Amendments

In recent past DGFT has given its clarification on under mentioned topics i.e. 1. CENVAT Credit availed by deemed exporters vide Circular No. 9 (Re-2013)/2009-14, dated 30th Oct, 2013. 2. Actual inputs utilised in the manufacture of export products vide Notification No. 48 (RE-2013)/ 2009-14, dated 30th Oct, 2013....

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Posted Under: DGFT |

FTP : Relaxation in time limit for submission of Installation Certificate by granting extension in the current provisions

However, extension in time for Installation of Capital Goods upto a maximum period of 18 months from the date of completion of import may be considered by the concerned RA. ...

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Posted Under: DGFT |

Deemed Export- Refund of Terminal Excise Duty (TED)

DGFT has issued a public notice no. 31 dated 21st November 2012, allowing recipient of goods also to claim refund of terminal excise duty (TED) against deemed export supplies on production of a disclaimer form from the supplier. ...

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Posted Under: DGFT |

Procedure for registration/ applying importer exporter code (IEC)

To import in India or export out of India, IEC Code i.e. Importer Exporter Code is mandatory. IEC Code is unique 10 digit code issued by DGFT – Director General of Foreign Trade, Ministry of Commerce, Government of India. No person or entity shall make any Import or Export without IEC Code Number. ...

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Posted Under: DGFT | ,

Highlights of Annual Supplement 2012-13 to Foreign Trade Policy 2009-14

7 new markets are being added to Focus Market Scheme (FMS). These countries are Algeria, Aruba, Austria, Cambodia, Myanmar, Netherland Antilles, and Ukraine. 7 new markets are being added to the Special Focus Market Scheme (Special FMS). These countries are Belize, Chile, El Salvador, Guatemala, Honduras, Morocco, and Uruguay. 46 new i...

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Posted Under: DGFT |

Quick Referencer On DGFT Circulars -April, 2011 – March, 2012

Index 1. Conditions and modalities for registration of contracts of cotton yarn with DGFT 2. Clarification about requirement of “Declaration of Intent”for EOU shipping bills for claiming Chapter 3 scheme benefits 3. Conditions and modalities for registration of contracts of Assam Comilla Cotton with DGFT 4. Imports of goods under Chap...

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Posted Under: DGFT |

Highlights of Annual Supplement to FTP 2009-2014 (New Benefit Scheme for Exporters and changes in existing shcemes))

Special Bonus Benefit Scheme- It has been decided to introduce a new scheme to provide special assistance to specified sectors for 6 months as special assistance. The support is given to Engineering, Pharmaceutical and Chemical sectors. The scheme would cover 50 products. Some of the major items under Engineering are cast article of alloy...

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Posted Under: DGFT |

Summary of Amendments In Foreign Trade Policy 2004-09

(01/01/1970)  

Export obligation period: As per para 4.22 export obligation shall be fulfilled within 24 month from date of authorisation. In view of ongoing recession the period to fulfill export obligation has been changed to 36 months. It is not clear from the policy whether extension of Export Obligation Period of 36 months is permissible for the ex...

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Posted Under: DGFT |