DGFT

Only 140 exporters have registered for collateral-free export credit under EPM since January, highlighting weak uptake of the MSME-focused guarantee scheme

As the Centre reviews export promotion schemes, experts call for SEZ 2.0 reforms and shifting SEZ policy oversight to DGFT to better align with India's trade framework

Under the revised policy, imports of silver bars containing 99.9 per cent or more silver by weight, as well as other silver bars under specific HS codes, will now require authorisation

Importers must fulfil 50 per cent export obligation before fresh licences as government tightens gold import monitoring norms

List of 17 banks valid until March 2029; delay briefly disrupted bullion mkt

The government on Monday imposed curbs on imports of Glufosinate and its salts, a herbicide used in agriculture sector, for six months. "The import of Glufosinate and its salts... shall be restricted where the combined amount of the CIF (cost, insurance, freight) value and applicable anti-dumping duty, calculated on a per kilogram basis, is less than Rs 1,154," the Directorate General of Foreign Trade (DGFT) said in a notification. It said the restriction will be in place for six months.

The government on Monday halved the rate of duty benefits under the export support scheme, RoDTEP, prompting the exporting community to seek a reconsideration of the decision. The Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme, launched in 2021, provides for a refund of taxes, duties and levies that are incurred by exporters in the process of manufacturing and distribution of goods, and are not being reimbursed under any other mechanism at the Centre, state or local level. With immediate effect, the Directorate General of Foreign Trade (DGFT) said, the applicable RoDTEP rates shall be limited to 50 per cent of the existing rates. Refunds under the scheme range from 0.3 per cent to 3.9 per cent. "RoDTEP benefits shall be restricted to 50 per cent of the notified rates and value caps with immediate effect," the DGFT said in a notification. Commenting on the move, Federation of Indian Export Organisations (FIEO) President S C Ralhan said the reduction of rates and

DGFT rolls out Export Promotion Mission guidelines and seeks feedback on digital trade reforms, signalling intent to boost exports, though impact will hinge on execution

Centre imposes one-year minimum import price on key penicillin inputs to check Chinese dumping and protect domestic bulk drug manufacturing

The Supreme Court has ruled that minimum import price curbs on steel products take effect only from the date of gazette publication, granting relief to importers who entered contracts before the notif

Consumer Affairs urges DGFT for taking action against flour millers demand to open exports

DGFT, the foreign trade arm of the Commerce Ministry, on Monday said it plans to launch a pilot of Bharat Aayat Niryat Lab Setu, a digital single-window platform to link testing and inspection agencies nationwide for faster and paperless certification of export and import consignments. The Directorate General of Foreign Trade (DGFT) said that the initiative seeks to streamline the process of testing and certification by digitally connecting exporters, importers, and accredited testing and inspection agencies through a unified online interface. "The DGFT proposes to initiate the pilot of Bharat Aayat Niryat Lab Setu - a digital platform integrating testing and inspection agencies across the country under a single window," it said in a trade notice. The pilot phase will commence from November 4, and exporters and importers will be able to submit applications for product and commodity testing through the platform from November 11 this year. The platform will reduce delays, improve ...

Where irrefutable evidence is available to show that 'certificate of supplies' or 'invalidation letter' has not been utilized, fully or partly, there ought to be no hesitation in granting re-credit

Para 7.01(i) of the Foreign Trade Policy (FTP) says 'deemed exports' for this FTP refer to those transactions in which goods supplied do not leave the country

Exporters may soon be eligible for Advance Authorisation benefits even if goods are shipped before licence issue, provided the Bill of Entry is filed after the licence date

Move reverses February decision and offers relief to exporters in SEZs and EOUs; FIEO calls it critical support amid global uncertainties and competitiveness issues

India resumes imports of Chinese permanent magnets after DGFT certifies compliance with non-defence and non-US use, addressing trade tensions and supply concerns

India imposes port restrictions on Bangladeshi imports after Dhaka blocks Indian yarn; relations worsen post Sheikh Hasina's exit, raising concerns over regional trade ties

India on Monday said the requirement for a certificate of inspection from government authorities for rice exports is limited to certain European Union (EU) member states. However, the exports to other European countries are exempted from this requirement for six months, the DGFT (Directorate General of Foreign Trade) notification said. "The requirement of a certificate of inspection from Export Inspection Council (EIC)/Export Inspection Agency for rice (basmati and non-basmati) exports is limited to EU member states, the UK, Iceland, Liechtenstein, Norway and Switzerland," the DGFT notification said. EIC is the official export certification body of India which ensures quality and safety of products exported from India. The UK, Netherlands, Italy, and Germany are some of the major importers of rice from India, which is a leading exporter of the grain.

Rule 53 of the SEZ Rules, 2006 has no provision to count any supply from a SEZ unit to a bonded warehouse as earnings for the purpose of NFE calculations