DGFT amends Handbook of Procedures 2023 to outline the process for seeking feedback from stakeholders on the Foreign Trade Policy provisions.
Ministry clarifies TDS refund transfer to FCRA accounts, stating it’s not a violation and must be reported as “other income” in Form FC-4.
Govt extends FCRA registration validity to March 31, 2025, for pending renewals and expiring registrations. Non-renewal will prohibit foreign contributions.
DGFT enlists 9 new PSIAs and expands operational areas for 6 existing PSIAs under Foreign Trade Policy 2023. Key updates include PSIA mapping and conditions.
DGFT reinstates SION norms for menthol imports under ITC(HS) codes 29061110 and 29061190, effective immediately, easing Advance Authorisation compliance.
Public Notice 20/2024 emphasizes uploading detailed documents for accurate classification of LED chips during customs assessment, reducing delays and queries.
DGFT notifies new SION A-3683 for Propionic Anhydride under Chemical & Allied Products.
Government urges timely responses to queries in FCRA registration, renewal, and permission applications to avoid denial.
DGFT issues corrigendum to Public Notice 30/2024-25, correcting wording in Note 2 for jewellery export norms under Handbook of Procedures 2023.
Government has clarified insurance and bond requirements for CCSPs and AEO-LOs to ease business operations, including changes in custodian bond values.
