import policy

Basics of Import

DGFT -  Introduction: Export and Import trade is regulated by Directorate General of Foreign Trade (DGFT), it is a body functioning under the Ministry of Commerce and Industry, Department of Commerce, Government of India. DGFT is the regulator, promotor and facilitator of Import and Export. DGFT implements the policies and procedure from time t...

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Definitions of export, import, exporter & importer under different acts

DGFT - ♦ Definition of ‘Export’ & ‘Exporter”  Under Foreign Trade Policy Export- Is as defined in FT (D & R) Act, 1992, as amended from time to time.  Note: Definition of export under foreign trade policy is same as defined in FT (D & R) Act, 1992 which is given below. In other words definition of […]...

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India At Last Finding Some Ways to Regulate Imports- Curbs on Non-Essential Goods

DGFT - Imports are foreign goods and services that are produced in a foreign country and sold to domestic residents of a country. If a country Imports more than it Exports it runs a Trade Deficit. When a country has a trade deficit, it must borrow from other countries to pay for the extra imports. India is traditionally a Trade Deficit Count...

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Guidelines to importers of Tobacco and Tobacco Substitutes

DGFT - How to import Tobacco and Tobacco Substitutes A basic idea about formalities and procedures to import Tobacco and Tobacco Substitutes from overseas countries are explained in this category ‘Import procedures’. These details are given to enlighten importers, a general tips to import goods from overseas countries applicable to almost al...

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Import Procedure

DGFT - 1. The initial step engaged in importing a product is to accumulate information about the nations and firms which send out the item required by the exporter. It can be accumulated from trade directories, trade organizations, and associations. The exporter readies a quotation otherwise called Performa Invoice and sends it to the importer. ...

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Amendments in Public Procurement (Preference to Make in India) Order, 2017

DGFT - Government of India has amended the Public Procurement (Preference to Make in India) Order, 2017 on 16.09.2020, enabling nodal Ministries/ Departments to notify higher minimum local content requirement for Class-I & Class-II local suppliers which was earlier fixed at 50% and 20% respectively....

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Initiatives Under Ease of Doing Business at Chennai Port as on 07.09.2017

DGFT - At Chennai Port Trust manual form-13 has been dispensed. Both Terminals (CCTPL & CITPL) are issuing e-form 13 only. The CFS gate module in ICES system is not yet completed. Hence the processing & transfer of export related details from CFS to Terminal gates cannot be done electronically....

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Govt. launches EXIM Analytics Dashboard

DGFT - As part of the initiative of the Ministry of Commerce & Industry to provide easy access to the public on export and import trends of India the Minister of State for Commerce & Industry (I/C) Smt. Nirmala Sitharaman launched here today a dashboard on EXIM Analytics. This is a portal developed by the Directorate General of Commercial Int...

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SC Sustains Imposition of Restrictions on Import of Peas & Pulses

Union of India Vs Agricas LLP and Others etc. (Supreme Court of India) - Union of India Vs Agricas LLP and Others etc. (Supreme Court) In the instant case, the Writ Petition is filed by challenging the imposition of restrictions on import of Peas and pulses. As per petitioner, the notifications issued by the DGFT had the effect of modifying or amending the EXIM policy as...

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Import policy of fish body oil

Notification No. 08(RE-2010)/2009-2014 - (08/10/2010) - Existing policy (prior to this amendment) as available at page 79 of ITC(HS) Classifications of Export and Import Items is extracted below ...

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Import Policy of items under Code 7326 90 99

Notification No. 52/2009-2014 - (08/07/2010) - In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government hereby makes the following amendments in Schedule –1 of the ITC(HS) Classifications of Export and Impor...

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DGFT notification on Import policy of Toys

Notification No. 27/2009-2014 - (27/01/2010) - NOTIFICATION NO. 27/2009-2014- A certificate that the toys being imported conform to the standards prescribed in ASTM F963 or standards prescribed in ISO 8124 (Parts I-III) or IS 9873 [Parts I-III] or standards prescribed in EN 71; ...

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Import policy of items under Exim Code “7208”

Notification No. 23/2009-2014 - (08/01/2010) - In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government hereby amends Schedule – I (Imports) of the ITC (HS) Classifications of Export and Import Items as under:...

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Instructions on Implementation of the Cigarettes and other Tobacco Products (Packaging and Labelling) Rules, 2008

F.No.450/160/2009-Cus.IV - (29/12/2009) - ‘Cigarettes and other Tobacco Products (Packaging and Labelling) Rules, 2008’ require that every package of cigarette or any other tobacco product shall have the specified health warning in the manner specified in the Schedule to the Rules. Such health warning shall occupy at least 40% of the pr...

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Recent Posts in "import policy"

Basics of Import

 Introduction: Export and Import trade is regulated by Directorate General of Foreign Trade (DGFT), it is a body functioning under the Ministry of Commerce and Industry, Department of Commerce, Government of India. DGFT is the regulator, promotor and facilitator of Import and Export. DGFT implements the policies and procedure from time t...

Read More
Posted Under: DGFT |

Amendments in Public Procurement (Preference to Make in India) Order, 2017

Government of India has amended the Public Procurement (Preference to Make in India) Order, 2017 on 16.09.2020, enabling nodal Ministries/ Departments to notify higher minimum local content requirement for Class-I & Class-II local suppliers which was earlier fixed at 50% and 20% respectively....

Read More
Posted Under: DGFT |

SC Sustains Imposition of Restrictions on Import of Peas & Pulses

Union of India Vs Agricas LLP and Others etc. (Supreme Court of India)

Union of India Vs Agricas LLP and Others etc. (Supreme Court) In the instant case, the Writ Petition is filed by challenging the imposition of restrictions on import of Peas and pulses. As per petitioner, the notifications issued by the DGFT had the effect of modifying or amending the EXIM policy as the specified items […]...

Read More

Definitions of export, import, exporter & importer under different acts

♦ Definition of ‘Export’ & ‘Exporter”  Under Foreign Trade Policy Export- Is as defined in FT (D & R) Act, 1992, as amended from time to time.  Note: Definition of export under foreign trade policy is same as defined in FT (D & R) Act, 1992 which is given below. In other words definition of […]...

Read More
Posted Under: DGFT |

India At Last Finding Some Ways to Regulate Imports- Curbs on Non-Essential Goods

Imports are foreign goods and services that are produced in a foreign country and sold to domestic residents of a country. If a country Imports more than it Exports it runs a Trade Deficit. When a country has a trade deficit, it must borrow from other countries to pay for the extra imports. India is traditionally a Trade Deficit Count...

Read More
Posted Under: DGFT |

Guidelines to importers of Tobacco and Tobacco Substitutes

How to import Tobacco and Tobacco Substitutes A basic idea about formalities and procedures to import Tobacco and Tobacco Substitutes from overseas countries are explained in this category ‘Import procedures’. These details are given to enlighten importers, a general tips to import goods from overseas countries applicable to almost al...

Read More
Posted Under: DGFT |

Import Procedure

1. The initial step engaged in importing a product is to accumulate information about the nations and firms which send out the item required by the exporter. It can be accumulated from trade directories, trade organizations, and associations. The exporter readies a quotation otherwise called Performa Invoice and sends it to the importer. ...

Read More
Posted Under: DGFT |

Set back to Indian Exports to USA: Dispute on Export subsidies

When India is going through a period of economic slowdown, it faces another setback as the World Trade Organisation (WTO) dispute settlement panel has held that the country’s domestic export subsidy programmes under Foreign trade policy are illegal and violates, WTO rules. The three member dispute settlement panel rejected IndiaR...

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Posted Under: DGFT |

Procedure to import pets into India

(1) Customs Circular No, 15/2013 dated 8/4/2013 allows import of two pet animals (dogs and cats only) as baggage only to persons who are transferring their residence to India after two years of continuous stay abroad subject to production of required health certificate from the country of origin and examination of the pets by the [&hellip...

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Posted Under: DGFT |

Initiatives Under Ease of Doing Business at Chennai Port as on 07.09.2017

At Chennai Port Trust manual form-13 has been dispensed. Both Terminals (CCTPL & CITPL) are issuing e-form 13 only. The CFS gate module in ICES system is not yet completed. Hence the processing & transfer of export related details from CFS to Terminal gates cannot be done electronically....

Read More
Posted Under: DGFT |

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