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Trade Notices

RBI extends IES for Pre and Post shipment Rupee Export Credit

May 14, 2020 939 Views 0 comment Print

It is hereby informed that Interest Equalisation Scheme for Pre and Post shipment Rupee Export Credit is further extended for one more year i.e. upto 31.03.2021 with same scope and coverage.

Deadline for import of additional 2.5 Lakh MT of Urad extended upto 31.05.2020

May 13, 2020 438 Views 0 comment Print

It has been decided by the competent authority to extend the deadline for import of additional 2.5 Lakh MT of Urad upto 31st May, 2020 i.e. imports should arrive at Indian Ports before 31st May, 2020.

Clarification with respect to submission of PSIC

May 6, 2020 2373 Views 0 comment Print

Customs Authorities may take scanned copy of the PSIC document submitted by the importers for clearance without asking for the physical copy. The original physical copy of the PSIC needs to be submitted to Customs within 60 days of the clearance.

DGFT clarifies on description of ‘Stock Lot’ under HSN Code 4810

May 4, 2020 5055 Views 0 comment Print

Vide Notification No. 45/2015-2020 dated 31st January 2020, import of Stock Lot under HSN Code 4810 of Chapter 48 of ITC (HS), Schedule – I (Import Policy) was ‘Prohibited’.

DGFT clarifies on application for Free Sale & Commerce certificate

April 28, 2020 10461 Views 1 comment Print

Trade and Industry is advised to send their applications for grant of Free Sale and Commerce Certificate at the official email ID of the concerned RA as per the format given in ANF 21-I. The fee payment needs to be done through the e-MPS system.

Modalities for import of Peas & Pulses for fiscal year 2020-21

April 21, 2020 3180 Views 0 comment Print

Laying down of modalities for import of Peas and Pulses for the fiscal year 2020 – 2021. Ministry of Commerce and Industry vide Notification No. S.0.1225 (E) dated 28th March. 2020 allowed import of following items as per annual quota indicated against them:

Import of Pulses allowed only to Millers/Refiners with allotted Quota

April 21, 2020 669 Views 0 comment Print

Restriction on import of Pulses. Department of Commerce, Ministry of Commerce & Industry vide Notification No. S.0.1225 (E) dated 28th March, 2020 allowed import of following items as per annual quota indicated against them and the same will be allowed only to the Millers/Refiners as per procedure to be notified by Directorate General of Foreign Trade.

Import of additional quota of Urad for fiscal year 2019-20

April 16, 2020 291 Views 0 comment Print

Inter – Ministerial Committee to review the prices of Agricultural commodities to extend the deadline for import of additional 2.5 Lakh MT of Urad to 15th May, 2020 i..e imports should arrive at Indian Ports before 15th May, 2020.

Manner of Continuation of MEIS for shipments on or after 01.04.2020

April 15, 2020 2595 Views 0 comment Print

a) Benefits under MEIS for any item/tariff line /HS Code currently listed in Appendix 3B, Table 2 (MEIS Schedule) will be available only up to 31.12.2020; b) Prior to 31.12.2020, as and when an item/tariff line/HS code is notified to be covered under RoDTEP Scheme, it would at the same time be removed from coverage under MEIS;

Conditions on Import of Refined Palm Oil

April 13, 2020 1383 Views 1 comment Print

Central Government vide Notification No. 39/2015-2020 dated 8th January, 2020 amended the Import Policy of refined palm oil under Exim code 151190 from ‘Free’ to ‘Restricted’.Import of refined palm oil under the above mentioned Exim code will be permitted subject to the following conditions:

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