Page 6 - Dgft

DGFT sets up Covid-19 helpdesk to iron out international trade issues

The helpdesk will look into issues relating to import and export licensing, documentation issues, customs clearance delays and related complexities, among others

Jan 1 will usher in revised HSN

Under the Served from India Scheme (SEIS), the rates for exports during 2019-20 were notified with certain ceilings and applications were allowed till the allocations lasted

CBIC shouldn't need registration of MEIS transmitted online by DGFT

'In my view, registration should not be necessary at all where MEIS is directly transmitted by the DGFT to the Customs', says the author

Syringe makers expect export of items with low demand in India to continue

Industry estimates India has stockpile to last about a month for Covid-19 vaccination

Entitlement under SEIS for services exports in FY20 capped at Rs 5 crore

The facility to claim benefits under SEIS on payments in Indian currency will not be available for services rendered in FY20

Regional Authority becomes redundant as DGFT goes online

The prescribed processes for adjudication now require the exporter or importer to submit online the documents called for by the jurisdictional authority

DGFT introduces online system for importers to seek tariff rate quota

The commerce ministry's arm DGFT has introduced an online system for traders who seek tariff rate quota for imports

Govt likely to give partial clearance for stranded onion cargo at ports

DGFT is understood to have communicated to the Customs Department to give the go-ahead to cargo that have arrived at the port, but not to ones which are in transit

Govt bans export of onions to check soaring prices, increase availability

The DGFT, an arm of the commerce ministry, deals with exports and imports-related issues

Govt tightens import norms of 18 chemicals which can affect environment

The Directorate added that importers of the certain chemicals have to submit a copy of the bill of entry within 30 days to the ozone cell in the Ministry of Environment, Forest and Climate Change

DGFT undergoing an overhaul to boost trade post-Covid pandemic

Exporters have for long been demanding that the DGFT portal be made more comprehensive and its online services more interactive and customer-focused

Fraudulent IGST claims worth Rs 1,875 crore by risky exporters identified

These people are untraceable and the list includes seven 'star' exporters, government sources said

Centre targets China with curbs on import of power tiller and components

Importers would now need licence from DGFT as the product has been moved from 'free' to 'restricted' category; China controls more than 30% of Indian market in this equipment

Covid-19: Govt curbs exports of diagnostic kits with immediate effect

The move would help in dealing with the Covid-19 crisis as these kits are required for the testing of patients.

Govt bans export of key malaria drug to deal with coronavirus outbreak

There are currently no approved treatments, or preventive vaccines for Covid-19, the highly contagious, sometimes deadly respiratory illness caused by the new coronavirus

Pharma group seeks relaxation of export restrictions for committed orders

Bhaskar explained that some of the orders for institutional supplies mandate the supply of all items committed in their contracts.

Airtel's name removed from DGFT blacklist after dialogue with authorities

Airtel said its has now been removed from the denied entry list, after it highlighted the relevant details and documents submitted to the Directorate General of Foreign Trade

Duty incentives for apparel export withdrawn as tax rebate scheme launched

The directorate has also laid out a detailed procedure for availing benefits under the RoSCTL scheme

Airtel says working with DGFT to get name removed from 'Denied Entry List'

Bharti Airtel said it has not applied for any such license since April 2018 as there was no operational need for the same

Govt likely to restore 2% additional duty incentive on mobile phones export

This duty benefit, which will help boost exports, is expected to continue till March 31, 2020