Vide Notification No. 38 dated 5th February, 2016, Government has imposed Minimum Import Prices (MIP) on 173 tariff lines under Chapter 72 (Iron & Steel). The same Notification also protects imports/shipments after 5th Feb, 2016, which are negotiated and finalised under Irrevocable Letter of Credits (ILCs) before the date of the said Notification under Para 1.05(b) of FTP, provided these ILCs are registered with Jurisdictional RAs within a period of 15 days.
It has been brought to the notice of this Directorate that some exporters are classifying the item Tamarind Kernel Powder under ITC(HS) Code 11063010 and claiming MEIS benefit. It is clarified that the correct ITC(HS) Code of Tamarind Kernel Powder is 13023290 on which MEIS benefit is not available.
Para 3.14.3 of FTP 2009-14 inter-alia sates that the following categories of export product/sector shall be ineligible for Duty Credit Scrip under Focus Market Scheme (FMS) of FTP 2009-14. VII- Sugar, of all types and in all forms. It is therefore, clarified that all items under HS code 1702 are Sugar as HS code 1702 lists other Sugar Accordingly the export item Liquid Glucose is Sugar and therefore not eligible for FMS benefits.
Government of India Ministry of Commerce & Industry Department of Commerce Office of the Additional Director General of Foreign Trade 26, Haddows Road, 4th & 5th Floor, Shastri Bhavan Annexe, Chennai – 600006 Trade Notice 2/2016 Dated: 4.4.2016 Subject : Weekly Open House in terms of DGFT Trade Notice 22/2015 dt 31-3-2016 In terms of […]
The following two official EMAIL IDs have been created for the applicants to directly address their queries and concerns exclusively on pending IEC applications and EDI related technical issues:
Endeavour of DGFT to move towards an IT enabled paperless and personal contact free environment to achieve the objectives of maintaining efficiency, absolute integrity and transparency in the functioning of all the offices of the Directorate in a more comprehensive and complete manner, was stressed.
It has been decided to reconstitute the Board of Trade as per the provisions given in the Para 300 of Foreign Trade Policy Statement 2015-2020. The objective is to have continuous discussion and consultation with trade and industry. The Board of Trade would, inter-alia, advise the Government on policy measures related to Foreign Trade Policy in order to achieve the objective of boosting India’s trade.
Presently applications for export of SCOMET items are to be mandatorily filed online using digital signature as per Para 2.73 (b) of the Handbook of Procedures of FTP 2015-20. The requisite documents in respect of these applications continue to be submitted manually at present.
Department of Pharmaceuticals have been consulted who have clarified that this entry be interpreted as two specific entries containing finished dosage forms based upon either Omeprazole or Lansoprazole used as the Active Pharmaceuticals Ingredients rather than treating this entry as a formulated product containing both of these bulk drugs.
Trade Notice No. 18/2016 s IEC applications in manual mode will only be accepted till 31.3.2016, henceforth applicants seeking IEC through manual mode are required to submit their application in the format notified vide Public Notice no 58 dated 1.2.2016 along with signatory applicant’s photograph and only the two documents, as indicated above.
