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EXPORT OBLIGATION EXTENSION
DGFT relaxes One Star Export House norms, exporters can qualify on performance in any two of three preceding yearsThe government has relaxed export house status eligibility criteria for exporters. Exporters now qualify with performance in any two of thr...- Iran calls for environmental safeguards for Strait of Hormuz amid oil pollution along Qeshm Island coastIran's foreign ministry spokesperson highlighted environmental concerns regarding oil pollution. Recent pollution along Qeshm Island shores...
- India-EU FTA includes dedicated framework to address CBAM concerns, says commerce officialIn the India-European Union free trade agreement, a proactive framework for a carbon border adjustment mechanism is established, aimed at p...
- Govt grants relaxation to fulfil export obligationExporters receive significant relief from the government. Authorisations under Advance and Export Promotion Capital Goods schemes are autom...
- West Asia crisis: Government provides certain relaxations to exporters to meet obligationsIndian exporters receive relief from the government. Export obligation periods are extended automatically. This measure addresses challenge...
- Extension of export obligation period for chemical imports to provide relief to exporters: GovtThe government has extended the export obligation period for chemical imports. This extension, under the advance authorisation scheme, move...
- Export obligation period extension to impart much-needed relief to textile exporters: GovtThe government has extended the export obligation period for chemicals under the advance authorisation scheme. This move aims to help expor...
- Export promotion scheme EPCG needs proper monitoring: CAGThe report also said the import of capital goods from ports other than the registered port without adhering to the prescribed procedure inv...
- Key export scheme norms simplified for ease of businessAs per a public notice issued by the Directorate General Of Foreign Trade (DGFT), exporters will now get additional time to submit installa...
- 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...
- Ease of export: DGFT simplifies composition fee under export advance authorisationAs per the public notice issued by the DGFT, the composition fee has been capped between Rs 5,000-15,000 if the extension in the export obl...
- DGFT simplifies composition fee for export obligation extension under advance authorisation schemeA provision of the handbook of procedures of the foreign trade policy (FTP 2015-20) "has been amended to simplify the process of levying co...
- 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...
- Covid-19: DGFT helpdesk gets 163 requests in 15 days, 78 resolvedThe Covid-19 helpdesk, started by the commerce and industry ministry last month to help resolve issues of exporters and importers, has with...
- New gold export rule can be misusedTraders worry the extension of export obligation to 120 days can be used to earn profit.
- Government announces steps in FTP to boost green productsCoinciding with the World Environment Day, the government today announced various steps to encourage exports of green products.
- New gift pack for exporters may turn smirks into smilesCommerce minister Kamal Nath is likely to announce an export booster package later this month which would address some of the crucial conce...
- EPCG capital goods importers may get reliefImporters of capital goods under the export promotion capital goods (EPCG) scheme are likely to get some flexibility in fulfilling export o...
- 'Sugar export sops should not be extended to all'The central government could come out with transport facility and other subsidies to give a fillip to sugar export, in a move that would be...
- Auto MNCs welcome Exim policyNEW DELHI: The new Exim policy may bring auto MNCs some news to cheer about.
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