Search Result for : India Ministry Of Commerce

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Final Findings of the Sunset Review does not recommend Continuation of the anti- dumping duty

Dated 23th April 2018 | Copy of |Anti Dumping Investigation Notification : 50

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Clarification regarding export policy of Roasted Gram

Dated 04th April, 2018 | Copy of | DGFT Policy Circular Notification No.5 To  1. All Custom Authorities 2. APEDA, New Delhi 3. Federation of Indian Export Organisations (FIEO) 4. All Regional Authorities of DGFT 5. All EPCs 6. All concerned Clarification regarding export policy of Roasted Gram - Removal of packing restriction - Reg.   DGFT has received representations from exporters of Roasted Gram stating that while export of Pulses was earlier ‘Prohibited’, ‘Roasted Gram’ (whole/split), a value added product, was allowed for export in consumer packs upto 1 (one) Kg, vide DGFT Notification No.31 dated 21.01.2016 read with No.40 dated 15.02.2016. Now the Government has removed Prohibition’ on export of all varieties of pulses including organic pulses, vide DGFT Notification No. 38 dated ...

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Hand Book of Procedures 2015-2020 - Import of Raw Sugar under DFIA Scheme amended.

Dated 28th March, 2018 | Copy of | DGFT Public Notice: 69     Amendments in Hand Book of Procedures 2015-2020, related to import of Raw Sugar under DFIA scheme - reg   In exercise of powers conferred under Para 2.04 of the Foreign Trade Policy 2015-2020, as amended from time to time, the Director General of Foreign Trade, in public interest, makes the following amendments in Hand Book of Procedures 2015-2020 as under: 1. Para 4.54(d) is amended to read as under: (d) Late cut provisions given in para 9.02 of Hand Book of Procedures are also applicable for DFIA. However, in respect of export of raw sugar under SION E52, 12 months relaxation is provided for imposition of late cut. ...

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regarding Ports for Coastal Trade amended.

Dated 28th March, 2018 | Copy of | Customs Notification    In exercise of the powers conferred by clause (d) of sub-section (1) of the section 7 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No.64/1994-Customs (N.T.) dated the 21st November, 1994, published in the Gazette of India, Extraordinary, vide number S.O.831(E), dated the 21st November, 1994, namely:- In the said notification,- (a) for the provisos, the following provisos shall be substituted, namely:- “Provided that port Pellet plant jetty at Shiroda is appointed to be coastal port for the purposes of ...

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APEDA enlisted under Appendix 2E of FTP 2015-2020 for issuing Certificate of Origin

 Dated 9th January, 2018 | Copy of | DGFT Public Notice No.50/2015-2020  | Enlistment of Agricultural and Processed Food Products Export Development Authority's (APEDA)'s Regional Offices located in Mumbai, Hyderabad, Bangalore, Kolkata and Guwahati under Appendix 2E [List of Agencies Authorized to issue Certificate of Origin (Non-Preferential)]- reg. In exercise of powers conferred under paragraph 2.04 of the Foreign Trade Policy 2015-2020, the Director General of Foreign Trade hereby authorize the agency as below to issue GSP Certificate and Certificate of Origin (Non Preferential) under Appendix 2-E:  2. Accordingly, name of the above agency is added at Serial No.31 {Maharashtra}, at Serial No.9 {Andhra Pradesh}, at Serial No.12 {West Bengal}, at Serial No.8 (Karnataka) and at Serial No.4 (Assam) of Appendix 2E [List ...

Next edition of consolidated FDI policy released by DIPP

The Dollar Business Bureau The next edition of consolidated FDI policy details were released by the Ministry of Commerce  on Aug 28, incorporating the changes made last year. The Department of Industrial Policy and Promotion (DIPP) in its press release said that the ‘new circular will take effect’ from today ie, Aug 28, 2017. The consolidated FDI policy is a compilation of the various decisions taken by the government in the past year and the DIPP which deals with FDI related matters, compiles all policies related to foreign investment regime into a single document to make it simple and easy for investors to understand. This enables an investor friendly climate for foreign investors who would otherwise have to go through various press notes and ...

New trade pact between India and Bhutan begins from July 29

The Dollar Business Bureau A new trade agreement between India and Bhutan has come into force from July 29. This was signed between the two countries on November 12, 2016. The move will further strengthen the bilateral trade ties between India and Bhutan an official communique read. ‘The agreement provides for a free trade regime between the countries and it also gives duty free transit of Bhutanese goods for trade with third countries,’ the Indian commerce ministry said in a statement. The bilateral trade relations are governed by this agreement. Renewal of this agreement was done on July 29, 2006 for ten years with its validity gaining an extension of a year on July 29, 2016, or till the new agreement comes into force. Bilateral ...

Export incentive Schemes under the FTP Are exports still incentivising under the GST regime?

By Ranjeet Mahtani and Suhasini Joshi The Government of India has always endeavoured to encourage and incentivise exports, and it has been an avowed policy to export goods and services and not taxes and duties. The Ministry of Commerce, Government of India has consistently formulated schemes aimed at diversifying Indian exports and creating a stable policy environment- Foreign Trade Policies (FTP). The FTP 2015-20 announced various schemes (some new and others modified existing schemes) as a step towards the Prime Minister’s much touted ‘Make in India’. On June 30th, 2017 the Directorate General of Foreign Trade (DGFT) issued a Trade Notice amending the scope, applicability and procedural aspects of some of the FTP schemes, in view of and to align with the new GST ...