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Procedure for registration/ applying importer exporter code (IEC)

  03 Sep 2012   65 comments
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. ...
Posted Under: DGFT | ,

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

  05 Jun 2012   0 comment
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...
Posted Under: DGFT |

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

  09 Apr 2012   0 comment
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...
Posted Under: DGFT |

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

  14 Oct 2011   0 comment
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...
Posted Under: DGFT |

Summary of Amendments In Foreign Trade Policy 2004-09

  18 Mar 2009   0 comment
(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...
Posted Under: DGFT |

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