Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade 23rd March, 2020 TRADE NOTICE NO. 58/2019-2020 To 1. Regional Authorities of DGFT 2. Customs Commissionarates 3. Members of Trade 4. Joint Secretary (Customs), CBIC, Department of Revenue. Subject: Modalities for import of 4 Lakh MT of Urad for […]
. It may kindly be noted that annual quota of Urad for the year 2020-21 is 4 Lakh MT and will be effective from 1st May, 2020 to 31st March 2021. Accordingly, successful applicants will have to ensure that the import consignments of Urad reaches the Indian ports on or before 31.03.2021. Request for extension of time will not be entertained.
Annual quota of Urad for the year 2020-21 is 4 Lakh MT and will be effective from 1st May, 2020 to 31st March, 2021. Copy of the said Notifications is attached herewith for ready reference.
All Public Sector banks(PSBs) have been advised: i) to immediately set up special cells to provide full assistance required to industry segments and MSME units affected by Corona Virus and to process such request for assistance with the requisite sensitivity;
All license holders for Urad are requested by DGFT to complete their import by 30.04.2020. No request for further extension will be entertained by DGFT. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Notice No. 54/2019-20 New Delhi, Dated 3rd March, 2020 To RA’s of DGFT Customs […]
Online filling and Issuance of Preferential Certificate of Origin under India Korea Comprehensive Economic Partnership Agreement (IKCEPA) for India’s Exports to Republic of Korea w.e.f. 06th March 2020.
Due to ongoing shutdown in China on account of Corona virus outbreak, there is an apprehension of disruption in supply of raw materials/ inputs to our industrial units which were dependent on these raw materials. There could also be a dip in offtake in exports to China. On the contrary, there is a strong likelihood of an immediate surge in the imports from and export to China once the spread of the virus is brought fully under control.
One-time relaxation for submission of hard copy of applications for claiming assistance under ‘Transport and Marketing Assistance (TMA) for Specified Agriculture Products’ Scheme.
It is clarified that MIP on Cashew Kernels (HS codes 0801 3210 and 0801 3220) is not applicable for imports by 100% Export Oriented Units (EOUs) and units in the SEZs.
Is there any difference in tariff or customs preferences if the wholly obtained (WO) criteria is used instead of the product specific rule (PSR)? No, the tariff or customs duty preferences are the same i.e either tariff elimination if the product is non-sensitive and tariff reduction if the product is sensitive irrespective of whether the criteria is WO or PSR.
