DGFT : Explore the key stages of import and export procedures in India, including the IEC process, legal compliance, licensing, customs c...
Custom Duty : The Customs Department have recently started obstructing all the imports of alloy containing gold and platinum across the country ...
DGFT : With the globalisation of trade and business, we are seeing enormous growth in imports and exports in India. The Indian economy is...
DGFT : Introduction: Export and Import trade is regulated by Directorate General of Foreign Trade (DGFT), it is a body functioning unde...
Corporate Law : ♦ Definition of ‘Export’ & ‘Exporter” Under Foreign Trade Policy Export- Is as defined in FT (D & ...
Corporate Law : Government of India has amended the Public Procurement (Preference to Make in India) Order, 2017 on 16.09.2020, enabling nodal Min...
Custom Duty : At Chennai Port Trust manual form-13 has been dispensed. Both Terminals (CCTPL & CITPL) are issuing e-form 13 only. The CFS gate m...
Corporate Law : As part of the initiative of the Ministry of Commerce & Industry to provide easy access to the public on export and import tren...
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 : Import policy of mosquito killer racket under HS Codes 85167920 and 85167990 is revised from ‘Free’ to ‘Prohibited’ if C.I...
DGFT : Existing policy (prior to this amendment) as available at page 79 of ITC(HS) Classifications of Export and Import Items is extrac...
DGFT : In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2....
DGFT : NOTIFICATION NO. 27/2009-2014- A certificate that the toys being imported conform to the standards prescribed in ASTM F963 or sta...
DGFT : In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 o...
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. 2. The […]
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 India’s claims that it was exempted […]
(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 […]
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.
CBEC Board has laid down simplified procedure for stuffing and self- sealing of export goods in containers. By prescribing this procedure, the CBEC Board has done away with the sealing of containers of export goods by the departmental officers.
Actually in our daily life we come across many situations where knowingly or unknowingly avail some or the other services which as per GST law, are considered to be an import of services,
From July 2012, Service Tax shall be levied on all services other than those enumerated in the negative list U/s. 66D of Finance Act 1994 or those provided in the Mega Exemption Notification No. 25/2012. Thus after an act fulfills the conditions of the definition of the term service, it shall be verified if the service falls under the Negative List or the Mega Exemption List.
The Human Embryos are normally imported by Surrogacy Clinics/ART Clinics/ IVF Clinics /any Centre/Genetic Counseling Centers/other clinical establishment offering surrogacy services/Assisted Reproduction Services.
Every importer shall submit the details and documents relating to the import, such as invoice, cargo manifests, customs, transport and shipping documents relating to the import of the controlled substance in Schedule-C which shall contain the details such as name of the controlled substance, quantity and the name and address of the consignee, exporter and the importer, to the Narcotics Commissioner within a period of seven days of import.
Ammonium Nitrate is one out of 14 precursor chemicals commonly used by terrorist group to manufacture IEDs. Therefore, its import and export is monitored under WCO Programme Global Shield to prevent it falling into hands of terrorist or such organization.
