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.
CA, CS, CMA : A comprehensive review of significant developments across Income Tax, GST, Customs, DGFT, SEBI, MCA, IBBI, and RBI. The update hig...
DGFT : DGFT has automatically extended the Export Obligation period up to 31 August 2026 for eligible EPCG and Advance Authorisation hold...
DGFT : The article argues that DGFT’s annual IEC updation forces exporters to repeatedly submit data already available with government ...
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 : 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 : DGFT has authorized the Porbandar District Chamber of Commerce & Industries to issue Non-Preferential Certificates of Origin. The ...
DGFT : DGFT has included the India-Oman CEPA in Para 2.88(a) of the Handbook of Procedures. The amendment enables exporters to obtain Cer...
DGFT : DGFT has invited comments on proposed amendments to Schedule-II of ITC (HS) 2022 to align export policy provisions with changes in...
DGFT : DGFT has widened QCO/BIS exemptions for SEZ Units and Developers by allowing imports of all permissible goods required for authori...
DGFT : DGFT has amended import conditions for specified silver products by requiring a valid Import Authorisation for eligible imports. T...
However, the facility of extension of export obligation period shall not be allowed in case of advance licence wherein import of penicillin and its salts (ITC(HS) Code No. 29411 010) and 6 – APA (ITC(HS) Code No. 29411 050) have been allowed as an input. The licensing authority shall make an endorsement in the advance licence to this effect.
The matter was examined again and accordingly it is decided to withdraw the Policy Circular No. 7 dated 4.11.04 with immediate effect. It is also reiterated that any advance licence issued with three months export obligation period as per the policy Circular No. 7 dated 4.11.04 stands automatically extended to six months in accordance with the Public Notice No. 6 and the Policy Circular No. 1 both dated 17.09.04.
It is further clarified that in respect of supplies made on or after 15.12.2004 to projects covered under para 8.6.1, the six months period allowed for claiming deemed export benefits as per the revised criteria will be counted from the last date of the month/quarter/half year in which the last payment is received or supplies made as per the option exercised by the supplier. It is also clarified that the facility of claiming benefits after the expiry of the last date for submission of applications with a late cut as per para 9.3 of Handbook will also be available.
FOB actually realized and date of realization of export proceeds are to be given in all cases except where consignment has been sent against confirmed irrevocable letter of credit or exports made against the Government of India/EXIM Bank Line of Credit or exports made under Deferred Payment/Suppliers Line of Credit Contract backed by ECGC Cover. An endorsement to that effect need to be endorsed in BRC.
In respect of supplies under paragraph 8.2(b) of the Policy, except Advance Licence for deemed exports and DFRC, the deemed export benefits may be claimed from the Development Commissioner or the Licensing Authority concerned.
India announces amendments to Standard Input Output Norms, adding new items and correcting export-import guidelines in various sectors on January 12, 2005.
The Government of India amends the Foreign Trade Policy 2004-09, removing restrictions on importing edible oils through STC and MMTC, as per Notification No. 17.
In exercise of powers conferred under Paragraph 2.1 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures.
In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act,1992 read with paragraph 2.1 of the Foreign Trade Policy, 2004-2009, the Central Government hereby makes the following amendments in the Foreign Trade Policy, 2004-2009.
Under the Scheme, export of all items covered by Chapter 6, 7, 8, 9 (excluding 0901, 0902 & 0903), 20 under the ITC (HS) Classification of Export and Import items, 2004-2009 and Minor Forest Produce (to be notified separately) shall qualify for export benefits as per Para 3.8.2. However, items appearing as ‘Others’ at the 8 digit level in the ITC (HS) in the aforesaid Chapters shall not be eligible for any benefits under Para 3.8.2.
