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...
An application for grant of credit under DEPB may be made to the licensing authority concerned in the form given in Appendix-11C alongwith the documents prescribed therein. The provisions of paragraph 7.2 shall be applicable for DEPB also. The FOB value in free foreign exchange shall be converted into Indian rupees as per the authorised dealer’s T/T buying rate, prevalent on the date of negotiation/ purchase/collection of document. The DEPB rate of credit shall be applied on the FOB value so arrived.
Attention is invited to paragraph 7.25 of Handbook (Vol.1) which contain the procedural requirements for fulfillment of export obligation by an Advance Licence holder. Certain instances have come to the notice of this office where RLAs have refused to count exports made by the Advance Licence holder in discharge of export obligation against the licence on the ground that the exportable product does not exactly match with the description of export product indicated on the licence due to change in size of packaging etc.
In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992) read with Paragraph 1.3 of the Export and Import Policy, 1997-2002(incorporating amendment made up to 31.3.2000), the Central Government hereby makes the following amendments in the said Export and Import Policy, 1997-2002.
In this case export obligation has been fulfilled in terms of quantity but value-wise there is a shortfall. CIF value will be reduced corresponding to this proportionate and excess Customs Duty will be calculated corresponding to this reduced CIF value. Applicant will be required to pay Customs Duty (total duty availed – total duty entitlement as calculated above) and interest along with SIL.
Public Notice No. 34 (RE-2000)/2000 extends deemed export benefits for the ERSC&C Transmission Project, financed by the World Bank under the EXIM Policy.
Public Notice No. 33 (RE-00)/2000 updates export product descriptions in Engineering and Chemical categories, including corrections for DEPB rates and product classifications.
In the wake of certain doubts raised and brought to the notice of the Directorate General of Foreign Trade regarding the applicability of the size restrictions on the different forms of Plastic Wastes/Scraps envisaged vide para 1(ii) of the said Public Notice No. 392 (92-97) dated 01.01.1997, in consonance with the views of the Ministry of Environment & Forests.
It has also been decided to fix a ceiling of 20 (Twenty) million Kgs. For export of hank yarn below 60s for the calendar year 2000. However, exemption for export of hank yarn below 60s count by 100% EOUs and units under Advance Licensing Scheme, as at present, would continue.
With a view to assisting importers/exporters for identifying the code at 8 digit level, the following steps are being taken. (i) Database of ITC(HS) has been made available at the website of DGFT at http://www.nic.in/eximpol. They may access by punching the name of the item to ascertain the code. (ii) In case of any problem in identifying the code, they may seek the information on E-mail at dgft@ub.delhi.nic.in or (iii) They may contact the concerned licensing authorities at the following telephone numbers.
Exporters must include an 8-digit ITC(HS) code in shipping bills from 1st October 2000 to claim benefits under the Export and Import Policy.
