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Changes in MEIS Rates
Government of IndiaMinistry of Commerce & IndustryDepartment of CommerceUdyog Bhawan, New Delhi Public Notice No. 47/2015-2020Dated the 07 December, 2019 Subject: Changes in MEIS rates In exercise of powers conferred under paragraph 1.03 of the Foreign Trade Policy (2015-2020), the Director General of Foreign Trade hereby makes the following amendments/changes in the Appendix 3B. Table […]
India Budget Highlights 2020
Economic Development Industry, Commerce and Investment Rs. 27,300 crore allocated for 2020-21 for development and promotion of Industry and Commerce. Investment Clearance Cell proposed to be set up: o To provide “end to end” facilitation and support. o To work through a portal. Five new smart cities proposed to be developed. Scheme to encourage manufacture […]
Incorrect Data in certain lECs – corrective action required from Exporter
Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Trade Notice No, 39/2019-20 Date: 19thNovember, 2019 To, 1. RAsofDGFT 2. Members of Trade/Industry Subject: Incorrect Data in certain lECs – corrective action required from Exporters On analysis of the DGFT IEC database, it has been observed that there […]
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, […]
Launch of facility to check status of Importer Exporter Code (IEC) application made to DGFT
Government of India Ministry of Commerce Industry Directorate General of Foreign Trade Udyog Bhawan, New Delhi Trade Notice No. 02/2018-19 Date: 11th April, 2018 To 1. All Regional Authorities of Directorate General of Foreign Trade 2. Members of Trade Subject: Launch of facility to check status of Importer Exporter Code (IEC) application made to DGFT […]
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 […]
Export business plays an important role in the economy of the country
Export business plays an important role in the economy of the country. A healthy balance, a sustainable development with trade and foreign exchange reserves to maintain the country’s export growth and economic power; it should be a constant and high rate. Exports as a whole affect the industrial environment. To compete internationally, the industry standard […]
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 […]
Harmonising MEIS Schedule in the Appendix 3B (Table-2) with ITC (HS), 2017
GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE UDYOG BHAWAN, NEW DELHI PUBLIC NOTICE No. 61/2015-2020 New Delhi, the 7th March, 2017 Subject: Harmonising MEIS Schedule in the Appendix 3B (Table-2) with ITC (HS), 2017. The Directorate General of Foreign Trade has notified Indian Trade Classification (Harmonised System)- ITC(HS), 2017 in replacement […]
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