Stay informed about the latest DGFT notifications from the Directorate General of Foreign Trade. Get updates on trade policies, tariff amendments, export-import controls, and incentive schemes. Stay ahead in international trade with timely information on DGFT notifications.
DGFT : This guide explains COO regulations under India’s Foreign Trade Policy and DGFT procedures. Proper compliance ensures duty benef...
DGFT : The government introduces a 2.75% interest subvention on rupee export credit under a ₹25,060 crore mission. Benefits are capped ...
DGFT : eBRC Generation on DGFT Portal – Detailed Process, Advisory References, Service Exports Clarification & Professional Guide R...
DGFT : The notification sets out eligibility, documentation, and quota procedures for wheat flour exports. The key takeaway is that expor...
CA, CS, CMA : Stay informed with this week’s crucial notifications and court rulings affecting Income Tax, GST, Customs, DGFT, SEBI, MCA, IBBI...
DGFT : Commerce Ministry reforms DGFT Norms Committees to improve disposal of Advance Authorisation applications and strengthen export fa...
DGFT : The issue addressed was fragmented access to trade information. The initiative introduces a unified platform and mobile app to enh...
DGFT : The DGFT launched a focused campaign to expedite EODC issuance and clear pending export obligations. The initiative resulted in a ...
CA, CS, CMA : A summary of the CAG's audit report on Customs and DGFT reveals deficiencies in infrastructure, manpower, and compliance, leading ...
DGFT : Learn how to re-transmit Shipping Bills to DGFT using ICEGATE Portal, track status, and resolve common issues. Step-by-step guide ...
DGFT : Bombay High Court resolves Tru-Sprag Freewheels Pvt Ltd vs. Union of India case, directing customs and DGFT to rectify exporters' ...
DGFT : Uncover the challenges exporters face with DGFT in the facilitation process. Explore a case study from Vadodara RA, shedding light...
DGFT : Union of India Vs Agricas LLP and Others etc. (Supreme Court) In the instant case, the Writ Petition is filed by challenging the i...
DGFT : The issue under consideration is whether the Public notice issued by DGFT for restricting the issuance of Advance Authorisation is...
Income Tax : If the claim of the Revenue that both the assessments were completed by the same officer one under s. 158BC and the other under s....
DGFT : The government has introduced clear procedures for applying and allocating wheat export quotas. Strict eligibility, timelines, and...
DGFT : DGFT revised the RoDTEP schedule to reflect amendments in the Customs Tariff Act. The update ensures consistency between export in...
DGFT : The government extended the Minimum Import Price on specified paper board imports to maintain existing policy conditions. The noti...
DGFT : The notification retains the prohibition on wheat exports but allows a limited relaxation of 25 LMT. The ruling clarifies that exp...
DGFT : The trade notice introduces an electronic system to resolve difficulties faced in using manually issued EPCG scrips. It enables se...
Basic Customs Duty of 2% on import of cut & polished diamonds has been imposed by the Department of Revenue with effect from 16.1.2012 vide Notification No.01/2012. Such duty will not be applicable on re-import of cut & polished diamonds (each of 0.25 carat or more) sent for certification/ grading abroad to the above laboratories. (Earlier also similar provision existed in FTP which was deleted after the Basic Customs Duty on cut and polished diamonds was brought down to zero.)
Under Para 8.2 (c) of Foreign Trade Policy, Capital Goods can be procured indigenously upon invalidating an EPCG Authorization. However, domestically procured Capital Goods cannot be treated as ‘imported Capital Goods’ and hence the facility of Para 5.2A of Foreign Trade Policy cannot be allowed for such Capital Goods sourced domestically after invalidating EPCG Authorization.
Para 5.11.2 of the Hand Book of Procedure Volume – 1 (HBP V-I) permits re-fixation of Annual Average Export Obligation, in case the export in any sector/ product group decline by more than 5%. This implies that for the sector/product group that witnessed such decline in 2010-11 as compared to 2009-10, would be entitled for such relief.
Description of export item at Sl. No 915, Product Code-62 Chemicals of the DEPB Rate Schedule had a typographical error. It was wrongly appearing as Vinyl Oyridine Latex. It is corrected to read as Vinyl Pyridine Latex. There is no other change.
Made export of wheat free but only through Custom EDI ports. Now export of wheat is also being permitted from non-EDI Land Custom Stations on Bangladesh and Nepal border. The only requirement will be registration of quantity with DGFT.
Made export of non-basmati rice free by the private parties from privately held stocks only through Custom EDI ports. Two changes are being notified now in this notification: (i) State Trading Enterprises (STEs) including M/s. NCCF & NAFED have also been permitted to export privately held stocks of non-basmati rice. (ii) Export of non-basmati rice is also being permitted from non-EDI Land Custom Stations on Bangladesh and Nepal border. The only requirement for export through LCS will be registration of quantity with DGFT.
Notification No. 97 (RE-2010) /2009-2014 (i) Minimum Export Price of Basmati Rice has been reduced to US$ 700 per MT. Earlier it was US$ 900 or Rs. 41,400/- per MT FOB. MEP is expressed only in terms of US dollar. (ii) Export is now permitted through all EDI ports. Earlier it was allowed only through six ports. (iii) There is no change in any of the other existing conditions for export of basmati rice as have been notified from time to time. These conditions have been consolidated in the column “Nature of Restrictions” in the table of para 2.
The description mentioned for item at Sr.No.23, Table-8, Appendix 37D was “G.V.W. exceeding 20 tonnes : Lorries and Trucks”. This description is corrected to read as “g.v.w. exceeding 5 tonnes but not exceeding 20 tonnes:Lorries and trucks”. However, the ITC HS Code 870422 will remain same.
Minimum Export Price (MEP) of all varieties of onions excluding Bangalore Rose Onions and Krishnapuram Onions will be US$ 125 per Metric Ton F.O.B. It was US$ 150 per Metric Ton for general category onion as notified on 11.01.2012. For Bangalore Rose Onions and Krishnapuram Onions MEP will continue to be US$ 250 per MT.
Only the name of the import item (input) is modified from ‘Antimony Dioxide/Oxide’ to ‘Antimony Trioxide’. There is no change in either the description or quantity of the inputs or in the description of the export product.
