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...
Public Notice updates DEPB rates and product details, including steel hinges, automobile locks, and more, effective from 1st April 2003.
Notice updates import procedure for vegetable fats under the India-Nepal Treaty, adding STC as an eligible importer alongside CWC.
We further declare that in case of non realisation of export proceeds or lesser realisation of export proceeds in free foreign exchange, we shall pay, in cash, an amount equivalent to the DEPB entitlement already obtained on the non realised or lesser realised value of export proceeds together with 15% interest reckoned from the date of duty free imports effected under DEPB to the date of payment.
The above norms for fuel are applicable to units having spinning, weaving and processing activities or only weaving and processing activities as the case may be. Also the said units should have facilities for captive power generation using Naphtha/ SKO/ Furnace Oil / HSD / Coal.
In respect of exporters who have exported in each of the preceding three licensing years and exporters falling in category (c) above, the 25% BG condition shall be imposed on the CIF value of advance licence(s) provided the CIF value does not exceed 200% of the FOB/FOR value of exports/supplies made in the preceding licensing year. Licence beyond 200% entitlement shall be subject to 100% BG on the value exceeding 200% entitlement. However, the entitlement may be re-credited on production of documentary evidence showing fulfilment of export obligation and realisation of foreign exchange.
A non DDA holder is also permitted to supply cut and polished diamonds to DDA holder, receive payment in dollars and convert same into rupees within the period of 7 days and the cut and polished diamonds and coloured gemstones so supplied by non-DDA holder will also be counted towards the discharge of his export obligation and/or entitled him to replenishment licence as the case may be.
In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act,1992 (No.22 of 1992) read with Paragraph 1.1 and 2.4 of the Export and Import Policy, 2002-2007 the Central Government hereby makes the following amendments in the “ITC(HS) Classifications of Export and Import Items, 2002-2007.
In exercise of powers conferred under paragraph 2.4 of the Export and Import Policy, 2002-2007 (RE 2003), the Director General of Foreign Trade hereby announces All Industry Rate of Duty Drawback of Rs.925/- per MT for furnace oil supplied by domestic oil companies to EOU/EPZ/SEZs under deemed export scheme as contained in Chapter 8 of the EXIM Policy for the period till further orders.
Spirits and vinegar covered under Chapter 22 of the ITC (HS) Classification or seafood items ( both processed and semi processed) are permitted to be imported under this duty free entitlement for service providers as per para 3.8 of the Export Import Policy ( as amended on 31.03.2003).
The financial information given in the above statement is in agreement with the relevant register and records; the same has been incorporated in the books of accounts maintained by the Service provider; and is also true and correct.
