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Govt imposes restrictions on sugar exports from June 1, says DGFT

However, it said that these restrictions would not be applicable on sugar being exported to the EU and the US under CXL and TRQ

Govt imposes restrictions on sugar exports from June 1, says DGFT
Updated On : 25 May 2022 | 12:22 AM IST

Damaging India's credibility

Wheat export ban should have been avoided

Damaging India's credibility
Updated On : 16 May 2022 | 2:46 AM IST

Procedures of EPCG scheme now simplified

Under the EPCG scheme, exporters can import capital goods at zero duty against export obligation (EO) of six times the duty saved to be fulfilled in six years

Procedures of EPCG scheme now simplified
Updated On : 18 Apr 2022 | 12:07 AM IST

SME: 'Ad hoc norms valid for 3 yrs or till March 31, whichever is later'

So, the norms approved in 2017 will be valid till 31.03.2022 and the norms approved in 2020 will be valid for three years from the date of approval

SME: 'Ad hoc norms valid for 3 yrs or till March 31, whichever is later'
Updated On : 22 Feb 2022 | 12:02 AM IST

DGFT sets up Covid-19 helpdesk to iron out international trade issues

The helpdesk will look into issues relating to import and export licensing, documentation issues, customs clearance delays and related complexities, among others

DGFT sets up Covid-19 helpdesk to iron out international trade issues
Updated On : 08 Jan 2022 | 1:25 AM IST

Jan 1 will usher in revised HSN

Under the Served from India Scheme (SEIS), the rates for exports during 2019-20 were notified with certain ceilings and applications were allowed till the allocations lasted

Jan 1 will usher in revised HSN
Updated On : 27 Dec 2021 | 2:30 AM IST

CBIC shouldn't need registration of MEIS transmitted online by DGFT

'In my view, registration should not be necessary at all where MEIS is directly transmitted by the DGFT to the Customs', says the author

CBIC shouldn't need registration of MEIS transmitted online by DGFT
Updated On : 14 Dec 2021 | 2:23 AM IST

Syringe makers expect export of items with low demand in India to continue

Industry estimates India has stockpile to last about a month for Covid-19 vaccination

Syringe makers expect export of items with low demand in India to continue
Updated On : 05 Oct 2021 | 3:33 PM IST

Entitlement under SEIS for services exports in FY20 capped at Rs 5 crore

The facility to claim benefits under SEIS on payments in Indian currency will not be available for services rendered in FY20

Entitlement under SEIS for services exports in FY20 capped at Rs 5 crore
Updated On : 24 Sep 2021 | 12:09 AM IST

Regional Authority becomes redundant as DGFT goes online

The prescribed processes for adjudication now require the exporter or importer to submit online the documents called for by the jurisdictional authority

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Updated On : 08 Mar 2021 | 12:09 AM IST

DGFT introduces online system for importers to seek tariff rate quota

The commerce ministry's arm DGFT has introduced an online system for traders who seek tariff rate quota for imports

DGFT introduces online system for importers to seek tariff rate quota
Updated On : 09 Feb 2021 | 4:50 PM IST

Govt likely to give partial clearance for stranded onion cargo at ports

DGFT is understood to have communicated to the Customs Department to give the go-ahead to cargo that have arrived at the port, but not to ones which are in transit

Govt likely to give partial clearance for stranded onion cargo at ports
Updated On : 19 Sep 2020 | 12:11 AM IST

Govt bans export of onions to check soaring prices, increase availability

The DGFT, an arm of the commerce ministry, deals with exports and imports-related issues

Govt bans export of onions to check soaring prices, increase availability
Updated On : 14 Sep 2020 | 11:17 PM IST

Govt tightens import norms of 18 chemicals which can affect environment

The Directorate added that importers of the certain chemicals have to submit a copy of the bill of entry within 30 days to the ozone cell in the Ministry of Environment, Forest and Climate Change

Govt tightens import norms of 18 chemicals which can affect environment
Updated On : 11 Aug 2020 | 11:11 PM IST

DGFT undergoing an overhaul to boost trade post-Covid pandemic

Exporters have for long been demanding that the DGFT portal be made more comprehensive and its online services more interactive and customer-focused

DGFT undergoing an overhaul to boost trade post-Covid pandemic
Updated On : 06 Aug 2020 | 1:07 AM IST

Fraudulent IGST claims worth Rs 1,875 crore by risky exporters identified

These people are untraceable and the list includes seven 'star' exporters, government sources said

Fraudulent IGST claims worth Rs 1,875 crore by risky exporters identified
Updated On : 18 Jul 2020 | 12:44 AM IST

Centre targets China with curbs on import of power tiller and components

Importers would now need licence from DGFT as the product has been moved from 'free' to 'restricted' category; China controls more than 30% of Indian market in this equipment

Centre targets China with curbs on import of power tiller and components
Updated On : 16 Jul 2020 | 6:08 PM IST

Covid-19: Govt curbs exports of diagnostic kits with immediate effect

The move would help in dealing with the Covid-19 crisis as these kits are required for the testing of patients.

Covid-19: Govt curbs exports of diagnostic kits with immediate effect
Updated On : 04 Apr 2020 | 2:01 PM IST

Govt bans export of key malaria drug to deal with coronavirus outbreak

There are currently no approved treatments, or preventive vaccines for Covid-19, the highly contagious, sometimes deadly respiratory illness caused by the new coronavirus

Govt bans export of key malaria drug to deal with coronavirus outbreak
Updated On : 25 Mar 2020 | 10:36 AM IST

Pharma group seeks relaxation of export restrictions for committed orders

Bhaskar explained that some of the orders for institutional supplies mandate the supply of all items committed in their contracts.

Pharma group seeks relaxation of export restrictions for committed orders
Updated On : 03 Mar 2020 | 11:00 PM IST