Search Result for : Rules Of Origin

Textile industry calls for imposing safeguard measures against cheap imports

The Dollar Business Bureau Confederation of Indian Textile Industry (CITI), an apex textile industry body, on Monday called for imposing protection measures in order to prevent the routing of cheap fabrics from countries such as China through Sri Lanka and Bangladesh, where India has free trade agreements. The garment industry in India will face tough competition from countries like Bangladesh as the garments imported from these countries are cheaper as the production cost is quite low compared to India, CITI said in a statement. As per the recent data released by the Export Promotion Bureau of Bangladesh, India’s garments import from Bangladesh has touched $87.4 million during the period July to November this year, witnessing a steep rise of 56% compared to $55.92 ...

Govt to build online repository of seals and signatures

The Dollar Business Bureau To help ease the process of verification the Board has asked the Directorate General of Systems to build an online repository on ICES for storing the signatures/seals to facilitate comparison by the assessing officers. DRI has been entrusted with the task of uploading the data in the database. A customs notification no., 31/2016 dtd 12th September, 2016 detailing the instructions with regard to implementation of Rules of Origin under Free/Preferential Trade Agreements and the verification of Preferential Certificates of Origin was sent out today to the concerned ministries, boards and the public. India has signed a number of Free/Preferential Trade Agreements/Comprehensive Economic Partnership/ Cooperation Agreement (FTA/CEPA/CECA) with a number of countries and trading blocks. In this ...

2.108 Rules of Origin (Non-Preferential)

(d)   The agency would ensure that goods are of Indian origin as per criteria defined in (d) below before granting CoO (non preferential). Certificate would be issued as per format given in Annexure-II to Appendix 2 E. It should be ensured that no correction/re-type is made on certificate. Any agency desirous of enlistment in Appendix–2 E may submit their application as per Annexure-I to Appendix 2 E to DGFT.

Indian government launches foreign trade web portal

Neha Dewan | The Dollar Business Nirmala Sitharaman, India’s Minister of State (Independent Charge) Commerce and Industry, at the launch of the Indian Trade Portal   Nirmala Sitharaman, India’s Minister of State (Independent Charge) Commerce and Industry, today inaugurated the new “Indian Trade Portal” (www.indiantradeportal.in) which will be a one-point source for details related to foreign trade such as MFN and preferential tariffs, rules of origin, and technical barriers to trade (TBT) faced by Indian exporters and importers. The government claims that the new portal will make important data available for the use of exporters and importers on the site in a user friendly way, which in turn will contribute to the ease of doing business for the industry. It ...