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...
FOB value actually realised and date of realisation of export proceeds may not be given in cases where shipment has been made against irrevocable Letter of Credit. However, in such cases bank shall make an endorsement to this effect in column 14/15 of Appendix 25.
Kind attention is invited to Paragraph 6.5 (v) of the EXIM Policy, 1997-2002, which stipulate that the export obligation shall be over and above the average level of exports of the same product achieved by him in the preceding three licensing years. Some exporters have requested this office to clarify whether the average level of exports of the same product to be achieved by them in the preceding three licensing years is to be determined taking into account the licensing year in which the EPCG application is filed or the licensing year on which the EPCG licence was issued. In this context, it is clarified that average of preceding three licensing years should be taken after taking into account the licensing year in which the EPCG application is filed.
Representations have been received from individual exporters as well as clarifications sought by different regional licensing authorities with regard to availibility of deemed exports benefits for supply of goods/services to Civil Constructions projects. The issue whether supply of goods/services to Civil Construction project should be entitled for deemed export benefits or not has been examined in detail in this office. It is clarified that supply of goods under para 10.2(d) of Exim Policy are entitled for deemed exports benefits.
In Appendix 32A of the Handbook of Procedures the list of Inspection and Certification agencies have been listed. These agencies have been recognised to issue Inspection Certificate under Paragraphs 5.3, 5.4 and 6.3 of the Handbook of Procedures, Vol. 1, l997-2002 (incorporating amendments made upto l3th April, 1998). These certificates issued by the said Inspection and Certification Agencies are valid for import of metal scrap under Paragraph 5.3, second-hand capital goods under Paragraph 5.4 and under EPCG under Paragraph 6.3 of the Handbook of Procedures.
The Government of India amended the import policy by allowing various items to be imported under Special Import Licence (SIL) through Notification No. 14(RE-98).
Under the Scheme, manufacturer exporters, merchant exporters tied to supporting manufacturer(s) and service providers are eligible to import capital goods. For Agricultural exports, import of irrigation equipments may be allowed provided ownership of these equipments rest with the EPCG licence holder, such equipments are not sold or leased and list of places where the equipments are to be located is made available to the jurisdictional Asst. Commissioner of Customs and Excise.
Instances have come to notice where some of the Licensing Authorities have been endorsing the licences to take supplies from Private Bonded Warehouses, which is not in keeping with the provisions of paragraph (vii) of the Policy Circular No. 7 dated 25.5.1998. The Licensing Authorities are hereby ordered not to make any such endorsement, as the same is not required.
Application for grant of certificates for Export House shall be filed with the concerned regional licensing authorities headed by Joint DGFT. However, application for grant of certificate for TH/STH/SSTH shall be filed with the Director General of Foreign Trade.
In exercise of powers conferred under Paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India Extraordinary, Part – II Section 3 – Sub-section (ii) vide S.O. No. 283 (E) dated 31.3.1997, the Director General of Foreign Trade hereby makes following amendment in the Handbook of Procedures, 1997-2002.
Public Notice No. 27 (RE-98) revises the Indian Rupee value for deferred payments under agreements with the former USSR, effective from August 25, 1998.
