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. ...
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...
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...
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...
(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...
