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Directorate General of Foreign Trade has issued a Notification no. 38/2023 dated 19.10.2023 amending policy condition no. 4 of Chapter 84 of Schedule I (import policy) of ITC (HS), 2022 – reg. S.O.(E): In exercise of powers conferred by Section…
The Directorate General of Foreign Trade (DGFT) on Friday announced that its decision to restrict the import of certain laptops and computers under HSN 8471 will come into effect from November 1, 2023. After this set date by the government,…
The DGFT vide Notification No. 37/2015-2020 dated September 29, 2022 extends the existing Foreign Trade Policy (“FTP”) 2015-2020 which is valid upto September 30, 2022 till March 31, 2023. In exercise of powers conferred by Section 5 of the Foreign…
The Comptroller and Auditor General (CAG) has pointed to several gaps in the goods and services tax (GST) regime, including problems with the refund mechanism as well as with the filing system and failure of the IT platform provider GSTN…
The commerce ministry is working to release the new five-year foreign trade policy (FTP) before September this year and Districts as Export Hubs scheme would be part of that document, which aims at promoting exports and job creation, an official…
Notification no. 13/2015-20 dated 21.06.2022 is published to unrestricted the Import of Water Melon Seeds till September 30, 2022. Source: Notification
The DGFT vide Public Notice No. 15/2015-20 dated June 14, 2022 issued amendments in Public Notice 10/2015-20 dated May 24, 2022 in order to notified additional provisions for allocation of Tariff Rate Quota (“TRQ”) for 20 Lakh MT of Crude Soya bean oil and…
The DGFT vide Public Notice No. 13/2015-2020 dated June 09, 2022 has issued amendments in Para 5.15 to Chapter 5 of the Handbook of Procedures 2015-20 (“HBP”) [i.e. Export Promotion Capital Goods (“EPCG”) Scheme] so as to extend the last…
The DGFT vide Public Notice No. 11/2015-2020 dated June 7, 2022 has issued amendments in Para 2 (b)(i) of the Guidelines for applicants under ANF-4F of Handbook of Procedures 2015-2020 (“HBP”) under the Foreign Trade Policy 2015-2020 (“FTP”) to simplify…
The DGFT vide Trade Notice 12/2022-23 dated May 30, 2022 has issued guidelines w.r.t. uploading of Electronic Bank Realization Certificate (“e-BRC”) on the DGFT server by July 15, 2022 by the Exporters, for shipping bills on which Rebate of State…