Some companies misuse duty-free import scheme: GTRI calls it 'licence to loot'The Duty-Free Import Authorization (DFIA) scheme, intended to lower exporter costs, is reportedly being exploited, becoming a "license to l...
Govt extends Foreign Trade Policy 2015-20 by another 6 months“The existing Foreign Trade Policy 2015-20 which is valid upto March 31, 2022 is extended upto September 30, 2022,” the Directorate General...
Govt extends foreign trade policy till March next year“The existing FTP 2015-2020, which is valid up to September 30, 2021 is extended up to March 31, 2022,” the directorate general of foreign ...
Govt extends current foreign trade policy till September"The existing FTP 2015-20, which is valid up to March 31, 2021 is extended up to September 30, 2021," the Directorate General of Foreign Tr...
ED attaches Rs 20.26-cr worth FDs in fake TED claim caseThe ED later filed a criminal case under various sections the Prevention of Money Laundering Act (PMLA) against the accused on the basis of...
Government extends foreign trade policy by one yearAs per the notification, the validity of various import-linked export schemes such as Duty Free Import Authorisation (DFIA) and Export Prom...
Why India needs to stop betting on MEIS scheme to boost exportsWhen the Nirmala Sitharaman-led Ministry of Commerce and Industry took almost a year in office to introduce the new Foreign Trade Policy (F...
No immediate plan to give production-linked subsidy to sugar sector: GovtWith production estimated to rise to a record 29.5 million tonnes in the 2017-18 marketing year, the govt has already doubled import duty t...
Government allows export of 2 million tonne of sugarSugar mills owe Rs 13,899 crore to cane growers as on March 21 of the current marketing year (October-September), according to official dat...
Food ministry for 100% duty on sugar importsThere are indications that the government may allow export of raw sugar under Duty Free Import Authorization (DFIA) scheme, which was withd...
Reduction in GST on supply of scrips to boost exports: FIEOFIEO president Ganesh Kumar Gupta said the decision will give a boost to premium on scrips which plummeted with restriction on utilisation ...
Government shelves duty free import scheme for raw sugarTo help cash-starved sugar mills clear dues worth Rs 21,000 crore to farmers, the government has recently hiked import duty on sugar to 40 ...
RBI tightens gold import norms under 80:20 schemeRBI said nominated banks and agencies will not be allowed to import the precious metal in excess of their entitlements in first or second l...
RBI waives 'No Objection Certificate' criteria for investment from NRI into finance firmOn a review, it has now been decided that the requirement of NoC(s) will be waived from the perspective of Foreign Exchange Management Act,...
- Budget 2012: Discontinue National Calamity Contingent Duty on crude oil, says FIEO
The Planning Commission, in its Integrated Energy Policy says that energy prices in the country should be internationally aligned.
- DGFT extends time period for revalidation of DFIAS
Exporters who could not avail of benefits of a duty free import scheme between June 2006 and March 2007 will get another opportunity for th...
- Steel players lock horns over hike in HR coil prices
The acrimonious relationship between big and smaller players in the Indian steel industry has again come into open.