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To give a fillip to exports, the Commerce Ministry has moved a Cabinet note on a proposal to provide cheaper credit access to exporters from various sectors under the interest subvention scheme. "We have moved a Cabinet note on the interest subvention scheme for inter-ministerial consultation. I ...
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DGFT has amended the Import Policy for 17 controlled substances like potassium permanganate, Butanone, etc. from free to “No Objection Certificate” from the Narcotics Commissioner of India, Gwalior
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Finally to follow a bottom-up approach to boost exports and rationalize non-essential imports at a time when foreign shipments have been contracting for five months in a row, the government has decided to constitute a trade facilitation council involving the state governments and will urge them to f...
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The much awaited amendment required in MEIS has been announced by DGFT through Public Notice 27 Dt. 24.07.2015. It includes the shifting of countries from one to another group in order to facilitate better exports. The countries include Norway, Switzerland, Iceland and Liechtenstein from group C to ...
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In keeping with the Digital India vision of Hon'ble Prime Minister, and taking yet another crucial step towards paperless, online functioning in 24x7 environment, Directorate General of Foreign Trade has launched the facility of online payment of application fees through Credit/Debit cards and elect...
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The Directorate-General of Foreign Trade (DGFT) has moved to add a penalty for violation of Foreign Trade (Development and Regulation) Act 1992 by Haldia Petrochemicals Ltd (HPL). The Customs authority has already demanded Rs. 2,600 crore (inclusive of interest) from HPL for the violation of the ...
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