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Know Oil import by India from from Ukraine and Russia in 2020-21
Editor6
24 Mar 2022
0 comment
India imported 17.44 LMT edible oils from Ukraine and 3.48 LMT edible oils from Russia in 2020-21 In a bid to control the rise in cooking oil prices, the Centre has cut the basic duty on Crude Palm Oil, Crude Soyabean Oil and Crude Sunflower Oil from 2.5% to Nil The basic duty on Refined […]...
Posted Under:
DGFT
|
News
Import of Substandard & Harmful Toys from China declining
editor2
24 Mar 2022
0 comment
The import of toys, games, sports equipment from China is showing a declining trend. The imports of these products from China have reduced from 451.71 USD million in 2018-19 to 206.11 USD millions in 2021 (from April 2021 to Jan 2022)....
Posted Under:
DGFT
|
News
9 Key schemes/interventions for Export Promotion by Government
editor2
24 Mar 2022
0 comment
Export Promotion Government is encouraging and promoting Indian exports in international markets and initiate suitable interventions from time to time. The key schemes/interventions taken are: 1. Market Access Initiative (MAI) Scheme provides assistance to Export Promotion Organizations/Trade Promotion Organizations/National Level Institu...
Posted Under:
DGFT
|
News
Export Promotion Capital Goods (EPCG) FAQs
editor2
10 Feb 2022
0 comment
EPCG stands for Export Promotion Capital Goods. The objective of this scheme is to facilitate the import of capital goods with the purpose of producing quality goods and services to enhance India’s export competitiveness. EPCG scheme allows import of capital goods for pre-production, production and post-production at zero customs duty....
Posted Under:
DGFT
|
News
Govt released Rs 56,027 crore to clear pending export incentive dues
Editor6
01 Dec 2021
0 comment
Government has released Rs 56,027 crore in order to clear pending export incentive dues to exporters, which is for various Schemes. In certain Schemes, such as MEIS, ROSCTL and ROSL, online applications are largely system approved, whereas for SEIS, TPS, FPS online applications require manual scrutiny and examination of documents. ...
Posted Under:
DGFT
|
News
General Authorization for Export of Chemicals and related equipment (GAEC) of SCOMET items
editor3
27 Oct 2021
0 comment
With the aim to simplify the process for post reporting in case of export of certain chemicals under SCOMET list and to reduce the compliance burden on exporters, a draft policy on General Authorization for Export of Chemicals and related equipment (Excluding Software and Technology) is proposed. The same is being circulated for the publi...
Posted Under:
DGFT
|
News
India is exporting strictly Non GMO rice to World
editor1
21 Oct 2021
0 comment
It may be clarified that there is no commercial variety of GM rice in India, in fact the commercial GM cultivation of rice is banned in India. There is no question of export of GM rice from India....
Posted Under:
DGFT
|
News
Last Date for filing MEIS / SEIS Application
amrinalwani
17 Sep 2021
5 comments
Many of us are awaiting for DGFT online portal to start with online application filing of MEIS, SEIS and RoSL / RoSCTL for the exports made till December 2020. In the meantime, the Commerce Ministry has issued Notification No. 26/2015-2020 dated 16 September 2021 to notify Last date for submitting applications for scrip based FTP scheme...
Posted Under:
DGFT
|
News
Government Provides Big Boost to Exporters
Editor6
09 Sep 2021
0 comment
Under the decisive leadership of Hon’ble Prime Minister Shri NarendraModi, Government of India has decided to budget Rs 56,027 crore in this Financial Year FY 21-22 itself in order to disburse all pending export incentives due to exporters. This amount includes claims relating to MEIS, SEIS, RoSL, RoSCTL, other scrip based schemes relat...
Posted Under:
DGFT
|
News
Centre Notifies RoDTEP Scheme Guidelines and Rates
editor3
17 Aug 2021
0 comment
Centre has today notified RoDTEP Scheme Guidelines and Rates (Remission of Duties and Taxes on Exported Products). The scheme for zero rating of exports will boost our exports & competitiveness in the global markets .The rates of RoDTEP will cover 8555 tariff lines....
Posted Under:
DGFT
|
News
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