- Revenue authorities seize gold worth Rs 7 crore from Uttar Pradesh jewellery exporter
DFRC scheme allows an exporter to import bullion duty-free for sale in domestic tariff area within 90 days of export of medallions and jewe...
Some bullion traders misusing government schemeThe exporter first gains by being able to source gold locally at a discount for export of medallions or jewellery from an SEZ or EOU.
Number of export-oriented units come down to 2,608 in 2013-14: CAGDiscontinuation of duty benefits and introduction of special economic zones have led to a reduction in the number export-oriented units to ...
- Cross out subsidies from export schemes
Prior to the last Budget, the finance ministry had chosen to show more belligerence during its usual haggling with the commerce ministry fo...
- Foreign trade policy to get a new look today
The government is planning to simplify the Served From India scheme, a relatively-new export-promotion window.
- Transferable advance licence may replace DFRC
The government is planning to scrap the Duty Free Replenishment Certificate (DFRC).
- Govt makes supplies to SEZ duty free
Granting a long-standing demand of the domestic industry and units located in special economic zones (SEZs), the government has decided to ...
- There, there, easy does it
The Foreign Trade Policy for this year focuses a lot on procedural simplification and rationalisation of measures for exporters. This, in t...
- Free gold import first step to capital account convertibility
The DGFT issued notification on 28 January to allow gold and silver import freely to all persons without any restriction on import through ...
- Notification ends suspense
THE trade heaved a sigh of relief on April 19 as the follow up notification to implement the promises in the Exim policy were released.
- End of ‘Made in India’ leaves many bleeding
THE FRIENDLY disposition of Exim Policy 2002 to exports has yielded much goodwill for Commerce Minister Murasoli Maran and DGFT L N Lakhanp...
- Full text of the Exim Policy
- New customs classifications from New Year
THE CUSTOMS is introducing a revised classification system — HS (harmonised system) 2002 of the World Customs Organisation (WCO) — will com...