Govt recovers Rs 852 crore under amnesty scheme for exportersThe government recovered Rs 852 crore under the amnesty scheme for exporters for one-time settlement of default in export obligation. The s...
20 May, 2024, 12.20 AM IST
FinMin operationalises amnesty scheme for traders failing to meet export obligationThe finance ministry has operationalized the amnesty scheme for traders who defaulted in export obligation under the Advance and EPCG autho...
18 May, 2023, 03.37 PM IST
DGFT lays out procedure for exporters to apply for amnesty schemeThe government announced the new foreign trade policy (FTP) on March 31. It included an amnesty scheme for exporters for one-time settlemen...
17 Apr, 2023, 09.09 PM IST
Cases under probe for fraud, misdeclaration of material not to be covered under FTP's amnesty schemeThe government announced the new FTP on March 31. It included an amnesty scheme for exporters for one-time settlement of default in export ...
03 Apr, 2023, 06.33 PM IST
Govt eases norms for certain sectors under Export Promotion Capital Goods scheme"This relaxation has been provided in light of the economic slowdown caused by the COVID-19 pandemic. This relief will help the hotel, heal...
20 Jan, 2023, 11.04 PM IST
Ease of doing business: Govt eases norms under export incentive schemeAs per the changes notified by the commerce and industry ministry, requests for export obligation extension should be made within six month...
15 Apr, 2022, 08.09 PM IST
Continuation of EPCG scheme under review"There is a thought in certain sections of the government that the EPCG scheme is not supporting the growth of the domestic capital goods i...
07 Feb, 2022, 08.28 AM IST
How to avail post-export EPCG duty credit scrip scheme and what exporters must knowThe post-export EPCG duty credit scrip scheme is a popular programme of the DGFT under which the basic customs duty paid on capital goods i...
12 Jan, 2022, 10.50 AM IST
Entitlement under SEIS for services exports during 2019-20 capped at Rs 5 crore: DGFT"A limit of total entitlement under SEIS has been imposed for service exports rendered in the period April 1, 2019, to March 31, 2020, and ...
23 Sep, 2021, 05.20 PM IST
DGFT to launch new digital platform for import-export code related services on July 13The users will be able to monitor the status of their applications and the pending obligations thereof. These numerous features should sign...
25 Jun, 2020, 08.19 PM IST
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...
01 Apr, 2020, 01.19 AM IST
Government extends IGST, compensation cess exemption under various export promotion plansDuring April-February of the current fiscal year, exports grew 8.85 per cent to USD 298.47 billion, while imports rose by 9.75 per cent to ...
22 Mar, 2019, 02.15 PM IST
Comm Min notifies exemption from IGST, compensation cess under advance authorisation, EPCG schemeThe move was aimed at giving relief to exporters, who are reeling under stress with regard to claiming refund under GST.
22 Mar, 2018, 10.24 PM IST
Government bans zero duty import of capital goods for power plantsThe decision is aimed at encouraging manufacturing of power equipment and giving a push to domestic capital goods sector, with an aim to bo...
01 Feb, 2016, 04.06 PM IST
- Budget 2011: FIEO recommends exemption of anti dumping duties on machinery imported under EPCG Scheme
FIEO has recommended exemption of anti dumping & safeguard duties on import of machinery under EPCG Scheme.
10 Feb, 2011, 12.54 PM IST
- Govt takes steps to simplify procedures, cut transaction costs
The government has unveiled a series of measures to simplify foreign trade procedures and cut transaction costs of the industry.
12 Apr, 2008, 01.59 AM IST
- EPCG umbrella likely for machine spares
The government is considering extension of the export promotion capital goods (EPCG) scheme for importing spare parts of equipment that hav...
02 Apr, 2007, 01.18 AM IST