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New multilateralism will balance linkages between trade & development: CUTS International

NEW DELHI: International trade should not be looked in isolation and not just in terms of their volume and value but in respect to its linkages with developmental concerns, particularly in regard to access to basic needs, according to Pradeep Mehta, Secretary General, CUTS International. He was moderating a webinar on Wednesday titled “What would […]

Government allows export of COVID-19 PPE medical coveralls

All other items that are part of PPE kits continue to remain prohibited, it said.Partially relaxing export norms, the government on Monday permitted shipments of Personal Protection Equipment (PPE) medical coveralls for COVID-19 with a monthly export quota of 50 lakh units. The product was banned for export earlier, but it has now been moved […]

Customs Brokers Licensing Regulations, 2018

Customs Notification No. 41 /2018-Customs (N.T.) Dated May 14, 2018. Customs Brokers Licensing Regulations, 2018 In exercise of the powers conferred by sub-section (2) of section 146 of the Customs Act, 1962 (52 of 1962), and in supersession of the Customs Brokers Licensing Regulations, 2013, published vide number G.S.R. 395 (E), dated the 21st June, […]

Highlights of Indian Budget 2018-19

* Budget guided by mission to strengthen agriculture, rural development, health, education, employment, MSME and infrastructure sectors * Government says, a series of structural reforms will propel India among the fastest growing economies of the world. Country firmly on course to achieve over 8% growth as manufacturing, services and exports back on good growth path. […]

Highlights of Mid-Term review of Foreign Trade Policy – FTP of India, Dec 05, 2017

The mid-term review of Foreign Trade Policy (FTP) of India Review 2017 The mid-term review of Foreign Trade Policy (FTP) of India focus to boost the exports of goods and services and to increase employment generation and value-addition in the country. Scope of Merchandise Exports from India Scheme (MEIS) and Service Exports from India Scheme […]

Changes in IEC with the introduction of GST-Regd

Government of India Ministry of Commerce & Industry Directorate General of Foreign Trade Trade Notice No. 09/2018 Udyog Bhawan, New Delhi Dated 12th June, 2017 To 1. All IEC holders/applicants 2. All EPCs / All Chambers of Trade and Industries 3. FIEO/ASSOCHAM/CII 4. All RA’s of DGFT 5. All field formations of Customs Sub: Changes […]