Trade Notice No. 13 dated 11.8.2017 has provided for import [as per para 2,17 and 9.11 of the Handbook of the Procedure (2015-2020)] of Pigeon Peas/Toor Dal for which irrevocable Letters of Credit have been opened prior to 5th August, 2017 and subsequently registered with the jurisdictional RAs, as per provisions of Para 1.05 of the Foreign Trade Policy (2015-20).
Applicant refineries seeking authorization for the first time, may submit valid document of their accreditation with NABL to DGFT for consideration of grant of authorization for importing gold-dore. Such applicants may obtain BIS license within a period of one year, from the date of authorization granted by DGFT.
Attention of the trade is invited to the Circular No. 5/5/2017-GST dated 11.08.2017 issued by the Central Board of Excise and Customs, GST Policy Wing, wherein the variation in the interpretation of Notification No. 16/2017 – GST dated 7th July, 2017 and Circular No. 2/2/2017 – GST dated 5th July, 2017
As per the import data base, 2 lakh MT of Pigeon Peas/Toor Dal has already been imported during the current fiscal year. Therefore, the requirement of issuing detailed procedure for import of Toor Dal no longer exists and no authorization in terms para 2.08 of the Foreign Trade Policy (2015-2020) will be issued.
USDA Foreign Agriculture Service has announced the non-country specific Tariff Rate Quota (TRQ) for refined sugar to 182000 MTRV (metric tons raw vah te) for exporters from all WTO countries for the US fiscal year 2018 (October 1, 2017 to September 30, 2018) which includes
Important FTP provisions in the context of the implementation of the GST regime applicable w .e.f. 01.07.2017. The chapter wise provisions of the FTP 2015-20:
Location of the office premises of the Principal Chief Commissioner, 11 CGST & Central Excise Commissionerates, Mumbai (along with their Divisions and Ranges), 5 Audit Commissionerates and 5 Appeal Commissionerates in Mumbai CGST & Central Excise Zone.
The Principal Commissioners of Central Tax, Mumbai or the Commissioners of Central Tax, Mumbai, as the case may be, specified in column (2) of Table-II given below and the Central Tax Officers subordinate to them, are hereby vested with the jurisdiction specified in the corresponding entry in column (3) of the said table.
In continuance of Trade Notice No. 08/2018 dated 8th June 2017 and in furtherance of objectives stated in the said trade notice, it is decided to constitute a GST Help Desk in DGFT Headquarters to reply queries on GST related to Foreign Trade Policy.
With the implementation of the GST w.e.f. (the notified date), GSTIN would be used for purposes of (i) credit flow of IGST on import of goods, and (ii) refund or rebate of IGST related to export of goods.
