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DGFT CLARIFICATION
West Asia crisis: Govt expands export insurance schemeIndia's government has expanded its RELIEF scheme to cover Jordan and Egypt. This move offers higher insurance to exporters facing disrupti...
Silver jewellery import clarification brings relief to exporters, silver, gold likely to remain bullish: Naveen MathurGovernment's recent silver jewellery import rule clarification offers significant relief to genuine exporters, removing earlier uncertainti...
EOUs, SEZ units exempt from silver import restrictions: DGFTThe government has clarified that recent restrictions on silver jewellery imports do not apply to export-linked entities like SEZs and EOUs...
No import restrictions on certain IT products like desktop computers: DGFTIn August 2023, the government imposed restrictions on certain IT hardware goods and later after domestic and foreign firms flagged their c...
Customs to clear stranded non-basmati rice cargoes till August 31The exporters whose rice shipments were stuck at ports following export bans may get some relief. The centre has directed Indian customs to...
Apple, Google and others want US government to push India to reconsider laptop, PC import curbsUS-based trade bodies, including Apple, Google, Lenovo, Dell and HP among others, have urged the US to push India to retract its IT import ...
Import curbs on laptops, PCs to come into force from November 1The Indian government has delayed the introduction of several new restrictions on laptops, tablets and servers until 1 November due to conc...
DRI notices to 7 exporters selling restricted goodsThe Directorate of Revenue Intelligence (DRI) has sent notices to seven exporters who were allegedly exporting restricted products. The dir...
Import of up to two pets allowed as passenger baggage without DGFT authorisation"Import is allowed as passenger baggage, without DGFT authorisation, only to persons transferring their residence to India after two years ...
MIP imposed on cashew kernels not applicable for units in SEZs, EoUs: DGFTIn a trade notice, the directorate said it has received references from importers seeking clarification on application of MIP on import of ...
'Bharti Airtel has not taken any import license since April, 2018'According to various media reports, the Directorate of Foreign Trade (DGFT) has put Airtel on the 'Denied Entities List' following the non-...
Smartphone imports could speed up after DoT clarificationSmartphones with built-in Bluetooth and WiFi features will be freely importable under DGFT (Director General of Foreign Trade) rules, DoT h...
Commerce Ministry officials to hold Twitter chat sessions with publicAs per the ministry, none of the tickets are pending beyond two working days. Moreover, the response time has come down to 1-2 days from 4-...
Import of UAVs, drones will require license and clearance: Commerce MinistryThe norm has been introduced as a "policy condition" under chapter 88 of ITC (HS), 2012. ITC (HS) is Indian Trade Clarification based on Ha...
Industry body urges CBEC to follow Foreign Trade policyFederation of Industries of India has asked the Central Board of Excise and Customs (CBEC) to follow Foreign Trade Policy 2015-20.
- Commerce Ministry asks sugar mills to register export contracts
The Commerce Ministry has asked sugar mills to register their contracts with it before making exports -- with a cap of 10,000 tonnes.
- Centre extends edible oils exports period
The Centre has allowed edible oils exports in branded consumer packs of upto 5 kg to continue till September 30, 2009. Permission for this ...
- Govt partially relaxes ban on sugar exports
The Government has partially relaxed the ban on sugar exports, permitting companies to sell the commodity overseas with prior government ap...
- Extend sugar export deadline: Food ministry
The food ministry has said that the directorate general of foreign trade (DGFT) has to issue a fresh notification on banning sugar exports,...
- Is govt promoting crude palm oil?
THE DEPARTMENT of Revenue jacked the tariff value of palm oil by 10 per cent on December 7. The move followed the recent jump in internatio...