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IMPACT ON EXPORTS & IMPORTS While Budget is largely considered to be uneventful on the taxes front, there are certain items that would impact Exporters and Importers. Only those items that have strategic impact are … Continue reading

 SEIS Update   Anxious wait of Service providers who earn Foreign Exchange of 2019-20 finally ended when DGFT finally notified the eligible services and rates to claim SEIS incentive. Amid serious budget constraints, maximum entitlement under SEIS has … Continue reading

About 4 Lakh Import Export Codes may be De-activated soon. DGFT has issued a final alert to the exporters/importers that IEC which are not updated on DGFT site will start getting de-activated by 06.10.2021. Since this … Continue reading

Filing your MEIS/SEIS/ ROSCTL/ ROSL claim applications before 28.02.2022 O/o DGFT under the Ministry of the Ministry of Commerce has announced that 31.12.2021 (extended of 31.01.2022/28.02.2022) is the last date for submission of applications of … Continue reading

TMA (Transport & Marketing Assistance) Scheme extended upto 31.03.2022 with increased rates To cope with the high shipping costs, and to boost the export of agricultural products, Department of Commerce under the Ministry of Commerce … Continue reading

Strict regulation on the import of Mobile Signal Repeater/Booster and Walkie-Talkie Sets fall under the Category of Transmission Apparatus Incorporating Reception Apparatus (ITC HS Code – 8525 60 00), Telecom License Required, Customs must Stop … Continue reading

DGFT office under the Ministry of Commerce has now notified an online procedure for transfer of Advance Authorization and EPCG Authorization from the issuing company to the other company who is amalgamating/acquiring the issuing company. … Continue reading

The DGFT has recently issued trade notice to allow the uploading of e-BRC by Sep 15, 2021 for shipping bills with LEO upto Mar 31, 2020 on which RoSCTL scrip has been claimed since it … Continue reading

Ahead of announcing rates under the RoDTEP scheme for all export sectors, the Government has decided to continue with the RoSCTL (Rebate of State and Central taxes and Levies) with the same rates as was earlier notified by … Continue reading

It is now officially announced by DGFT office that all previous and current benefits under different export incentive schemes e.g., MEIS/SEIS, ROSL and ROSCTL (including already filed applications) are on hold for a temporary (seems … Continue reading

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