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DGFT should issue orders on QCO item imports as replenishment under AA

It appears the government intends to give GAEC for exports of SCOMET items only to the parties to whom you have already made some exports

DGFT should issue orders on QCO item imports as replenishment under AA
Updated On : 01 Apr 2024 | 11:41 PM IST

DGFT notifies policy for general authorisation for export of SCOMET goods

The commerce ministry on Wednesday notified a policy for general authorisation for the export of certain telecommunication-related and information security-related items under a SCOMET category to grant one-time bulk licences. A detailed procedure for these authorisations has also been notified by the Directorate General of Foreign Trade (DGFT). Special chemicals, organisms, materials, equipment and technologies (SCOMET) items are dual-use goods. "The policy for general authorisation for export of telecommunication-related items under SCOMET category...and export of information security items under SCOMET category...to grant one-time bulk licences for these items has been notified," the DGFT said in a notification. The applicant exporter will have to submit an application for getting a one-time license through the online SCOMET portal and attach the information in the prescribed format.

DGFT notifies policy for general authorisation for export of SCOMET goods
Updated On : 27 Mar 2024 | 9:26 PM IST

QCOs of only three ministries exempted from imports under AA/EOU/SEZ

When we get the EPCG authorization, we can get the bill of entry finalized by claiming the exemption under the relevant Customs notification

QCOs of only three ministries exempted from imports under AA/EOU/SEZ
Updated On : 18 Mar 2024 | 10:52 PM IST

Exporters need to follow new British rules to avail duty benefits: DGFT

Exporters seeking to avail duty concessions on shipments to the UK will have to adhere to the new British rules under the Developing Countries Trading Scheme (DCTS). In a trade notice, the Directorate General of Foreign Trade said that the United Kingdom (UK) has replaced its existing origin declaration process under Generalized Scheme of Preferences (GSP) with the UK DCTS effective from June 19, 2023. The transition period for this change was extended until December 31, 2023. "Starting from January 1, 2024, onwards, Indian exporters to the UK are required to adhere to the new rules under DCTS to avail concessions on their exports to the UK," the trade notice to the exporters community said. It added that goods that meet the UK DCTS Rules of Origin (RoO) requirements would be eligible to claim a concessional rate of import duty for exports to the UK. "Consequently, the origin criteria necessary for satisfying the Rules of Origin to avail tariff concessions on exports from India t

Exporters need to follow new British rules to avail duty benefits: DGFT
Updated On : 18 Mar 2024 | 10:25 PM IST

DGFT inks agreement with DHL to train MSMEs on e-commerce exports

To promote e-commerce exports, the commerce ministry's arm DGFT in partnership with logistics services provider DHL will conduct training sessions and workshops for MSMEs in 76 districts of the country, a statement said on Thursday. The exercise is aimed at preparing MSMEs to tap the growing potential of increasing exports through e-commerce medium, the Directorate General of Foreign Trade (DGFT) said in the statement. The DGFT has been actively engaging to boost e-commerce exports from the country, leveraging its 'District as Export Hubs' initiative. It has been collaborating with various e-commerce platforms and other service providers to conduct capacity-building and training sessions in the identified districts. "The goal is to promote and enable micro, small and medium enterprises (MSMEs) to explore the international markets through e-commerce channels," the ministry said. "Today DGFT partnered with DHL through the signing of a Memorandum of Understanding (MoU) which will cov

DGFT inks agreement with DHL to train MSMEs on e-commerce exports
Updated On : 14 Mar 2024 | 6:54 PM IST

Govt exempts certain exporting units from quality control orders

The government on Friday exempted advance authorisation holders and export-oriented units (EOUs) from mandatory quality control orders for imported goods that are used as inputs for exports. It said that the exemption will be with pre-import conditions, and those inputs will be utilised in the manufacturing of the export products. "Enabling provisions are made for exempting inputs imported by Advance Authorisation holders and EOUs from mandatory Quality Control Orders (QCOs)," the Directorate General of Foreign Trade (DGFT) said in a notification. The unutilised material will be destroyed in the presence of jurisdictional GST/customs authorities, it added. Mandatory QCOs help curb the import of sub-standard products, prevent unfair trade practices and ensure the safety and well-being of consumers as well as the environment. QCOs are applicable for products domestically manufactured as well as imported. Every manufacturing unit in and outside India has to comply with these orders i

Govt exempts certain exporting units from quality control orders
Updated On : 08 Mar 2024 | 11:27 PM IST

Customs to ease export norms for certain dual-use goods, says DGFT

The government is working to liberalise export norms for certain products which have dual-use like chemicals for companies that have proven track record, a senior official said on Tuesday. Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said that dual-use goods and technologies are sensitive and if it goes in the wrong hands of non-state actors, it can cause serious disruptions globally. A small group of rebels in Yemen have disrupted the global trade as they are attacking foreign commercial ships with drones and missiles. "We are working with the industry, with the ministry of external affairs, and with the customs to ensure that a whole lot of sectors are liberalised for those companies which have proven track record of responsible use and responsible exports," Sranagi said here at the 'National Conference on Strategic Trade Controls'. It was organised by the DGFT and the external affairs ministry here. Dual use implies the usage of these goods and technologies in

Customs to ease export norms for certain dual-use goods, says DGFT
Updated On : 30 Jan 2024 | 4:10 PM IST

Integrate more districts in export initiatives to boost shipments: DGFT

More and more districts need to be integrated with export initiatives to help boost the country's outbound shipments, a senior official said on Wednesday. Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi also said that an increase in exports helps in enhancing per capita income. He said that four states - Gujarat, Maharashtra, Karnataka and Tamil Nadu - account for 65 per cent of India's exports and they also have a high per capita income. The DGFT also noted that only 62 districts out of over 760 in the country contribute about 80 per cent of India's exports. "So there is a need to integrate more and more districts in our export initiatives. Imagine if another 700 districts get involved in export activities, then our export potential will multiply," Sarangi said here while inaugurating the Federation of Indian Export Organisations' (FIEO) 'Sourcex India' exhibition. The three-day show will end on January 19 here. "There is a very positive correlation between export

Integrate more districts in export initiatives to boost shipments: DGFT
Updated On : 17 Jan 2024 | 10:55 PM IST

No import restrictions on certain IT products like desktop computers: DGFT

The government has clarified that there are no import restrictions on certain IT hardware products such as desktop computers. In a circular to customs authorities and industry, the commerce ministry arm Directorate General of Foreign Trade (DGFT) has said only the import of laptops, tablets, all-in-one personal computers, ultra small form factor computers and servers is restricted and imports of these goods are allowed against a valid import authorisation. "The given import restriction does not apply to any other goods such as desktop computers, etc, under the tariff head 8471," it said. In international trade parlance, every product is categorised under an HSN (Harmonised System of Nomenclature) code, or tariff heads. It helps in systematic classification of goods across the globe. HS Code 8471 includes products related to automatic data processing machines and units. It includes a mouse, printers, scanners, and CD drives. In August 2023, the government imposed restrictions on ..

No import restrictions on certain IT products like desktop computers: DGFT
Updated On : 13 Jan 2024 | 7:25 PM IST

Comm min expects to issue 20,000 status holder certificates to exporters

The Commerce Ministry, which automated the process for issuance of exporter status certificates, is expected to issue about 20,000 such documents by the end of this year, a senior official said on Wednesday. Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said this would be a big jump in the issuance of these certificates, and so far, they have issued over 40,200 status-holder certificates. "There are another 2,000 applications, which are under scrutiny because of their prior history. But ultimately, those will also get issued, and by the end of this year, we expect about 20,000 status holders to be recognised through this automated process," he told reporters here. Last month, DGFT said that an exporter status certificate will now be issued based on the available electronic data, and traders will not have to apply to get the recognition. These certificates provide certain privileges, including simplified procedures under foreign trade policy (FTP), priority custom .

Comm min expects to issue 20,000 status holder certificates to exporters
Updated On : 15 Nov 2023 | 6:13 PM IST

Exporters should help EODC camps succeed

The DGFT has now brought into sharp focus the urgency to deal with the EODC applications quickly and get the statuses of the authorisations updated where the EODCs are issued

Exporters should help EODC camps succeed
Updated On : 29 Oct 2023 | 10:47 PM IST

Change in rules for laptop, PC imports to boost manufacturing: GTRI

Tweaking of licensing rules by the commerce ministry's arm DGFT for imports of certain IT hardware products like laptop and computers will help boost domestic manufacturing, think tank GTRI said on Friday. Grant of exception to laptops and tablets assembled in special economic zones (SEZs) from import restrictions would make a significant shift in India's electronics manufacturing landscape, Global Trade Research Initiative (GTRI) said. The government on Thursday tweaked the cumbersome licensing norms for import of these products and put in place an online authorisation system for importers. The new licensing or authorisation regime is primarily aimed at monitoring imports of these products to ensure that they are coming from trusted sources. These regulations are set to come into force on November 1 and are poised to reshape the industry until September 2024, it said. "Local suppliers now have two routes to procure laptops for the Indian market - they can buy laptops from firms .

Change in rules for laptop, PC imports to boost manufacturing: GTRI
Updated On : 20 Oct 2023 | 3:00 PM IST

Food prices to remain stable during festival season, says food secretary

The government has recently used all tools at its command, whether trade policy or stock limit norms. These tools have been used judiciously to ensure prices remain stable, Chopra noted

Food prices to remain stable during festival season, says food secretary
Updated On : 19 Oct 2023 | 11:14 PM IST

Weekly India-UK FTA meets taking place, ironing out differences: Govt

The government is working on an import management system - laptops, tablets, and other IT hardware - and it will come into effect on November 1

Weekly India-UK FTA meets taking place, ironing out differences: Govt
Updated On : 13 Oct 2023 | 11:16 PM IST

Annual registration required for IT hardware importers under new system

This policy change comes against the backdrop of proposed import curbs on laptops and IT hardware, slated to take effect from 1 November

Annual registration required for IT hardware importers under new system
Updated On : 27 Sep 2023 | 11:24 PM IST

Commerce Ministry opens applications for registration to import IT hardware

The registration plan comes after the Centre decided to delay the requirement of licenses for such imports

Commerce Ministry opens applications for registration to import IT hardware
Updated On : 27 Sep 2023 | 9:05 AM IST

PC, laptop import restrictions: Govt hints at breather; no date for curbs

Laptop, tablet, PC, and small server makers need to register on DGFT platform starting Nov 1

PC, laptop import restrictions: Govt hints at breather; no date for curbs
Updated On : 23 Sep 2023 | 8:39 AM IST

Keeping a tab on IT hardware imports: Govt looks at SIMS for template

May mandate prior registration of India-bound items

Keeping a tab on IT hardware imports: Govt looks at SIMS for template
Updated On : 17 Sep 2023 | 11:31 PM IST

IT hardware companies may be asked to register for imports in FY24: Report

This comes a month after the DGFT announced that the import of certain IT hardware products, including laptops, tablets, PCs, servers, etc., would fall under the restricted category

IT hardware companies may be asked to register for imports in FY24: Report
Updated On : 12 Sep 2023 | 9:23 AM IST

Govt to ensure enhanced export control of dual-use items: Official

The government will ensure enhanced export control of dual-use items so that these do not fall into the hands of non-state actors and terrorists, Director General of Foreign Trade Santosh Sarangi said on Friday. Dual-use items are those which are used for civilian and non-civilian purposes. Speaking at the Indian Chamber of Commerce here, Sarangi said India is now a part of several multi-lateral groupings like Australia Group. "Enhanced export controls will ensure that these dual-use items do not fall into the hands of non-state actors and terrorists," he said. Sarangi also said the DGFT prepares a special SCOMET (speciality chemicals, organisms, materials, equipment and technologies) list of dual-use items after inter-ministerial consultations. "We have a strict regime of export controls of dual-use items. We also see the countries and the frequency at which these items are sent," he said. Also at the same time, the government is taking steps to facilitate more exports of these

Govt to ensure enhanced export control of dual-use items: Official
Updated On : 01 Sep 2023 | 9:48 PM IST