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SPECIAL EXPORT LICENCES
US tells ASML it's concerned one of its chipmaking tools may be in China: reportASML has pushed back against those concerns, noting that EUV, or extreme ultraviolet, lithography tools used to print tiny chip circuits ar...
India restricts duty-free gold imports to curb misuseIndia has imposed new restrictions on duty-free gold imports. This move follows a recent increase in customs duties. The government aims to...
Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launchAmidst the growing competition in artificial intelligence, Chinese tech behemoths are racing to secure Huawei's Ascend 950 AI chips. The ur...
Marred by controversy, light on reforms: Nepal's 'super PM' Balen Shah completes one month in officeNepal's new "super Prime Minister" Balendra Shah navigates a challenging first month. Despite an ambitious reform agenda, his government fa...
China denies key technology exports to Russia, production of missile and engine components affectedChina is reportedly restricting exports of crucial precision machine tools to Russia. This move could hinder Russia's ability to manufactur...
Govt relaxes export norms for dual-use telecom equipment, information security softwareThe government has issued a new policy for the export of certain telecom and information security-related items. Under this policy, one-tim...
DGFT notifies policy for general authorisation for export of certain goods under SCOMET categoryCommerce ministry's SCOMET policy allows bulk licences for telecommunication and info security items. DGFT outlines the detailed applicatio...
Government amends export policy for biofuelsThe Directorate General of Foreign Trade (DGFT) has amended that notification of 2018 "to the extent that export of biofuel from special ec...
TRIPS pact won't cover medical devicesA senior World Trade Organisation official has cautioned against countries pursuing policies of import substitution, which will be harmful ...
Exports from SEZs up 38 per cent in May at Rs 29,000 croreExports from special economic zones (SEZs) grew by 38 per cent in May to Rs 29,236 crore, according to data by EPCES.
- Onion exports only with special licence: Govt
The government says onions can be sold overseas only with a special licence aimed at ensuring adequate availability of the commodity in the...
- Transferable advance licence may replace DFRC
The government is planning to scrap the Duty Free Replenishment Certificate (DFRC).
- 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 ...
- DEPB review leaves exporters of spices
The government has reviewed the Duty Entitlement Pass Book scheme through public notices Nos 62 & 63 dated February 17, '03. The government...
- SEZ units can sell goods in DTA after paying duty
In a significant concession to special economic zones (SEZ), the government has permitted units located in such zones to sell goods in the ...
- SEZ units allowed to sell goods in DTA after paying duty
In a significant concession to special economic zones (SEZ), the government has permitted units located in such zones to sell goods in the ...
- Trips drafts strict norms for drug exports
The leading draft on implementation of paragraph 6 of Doha Declaration on Trips and public health has flaunted fresh conditions on its user...
- 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.
- Exim Policy Highlights
NEW DELHI: Following are the highlights of the "new look" five-year EXIM policy unveiled by Commerce Minister Murasoli Maran on Sunday:
- Govt scraps Quantitative Restrictions on exports
NEW DELHI: The Centre, saying it needed to take "radical steps" to boost trade, scrapped on Sunday quantitative curbs on exports. Govt expe...