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As per latest announcement by Ministry of Commerce, mid-term review of Foreign Trade Policy (FTP) 2015-18 is to be released by September 2017. Earlier in one of the meetings it was proposed that it should … Continue reading

GST will have a MAJOR impact on your Exports and Imports – The upcoming GST will change the way we do businesses. It will also have a substantial impact on Exporters and Importers, and those … Continue reading

June 30 would mark the last day for A.K. Bhalla as DGFT as he is set to embark upon his new journey as Power Secretary replacing retiring P.K. Pujari. IAS-1984 batch officer from Assam-Meghalaya cadre, … Continue reading

To boost Indian exports, government’s initiatives of introducing promotional schemes to exporters, it has been clarified that under the GST regime, all such schemes will remain continue. More importantly, Director General of Foreign Trade, Mr. … Continue reading

Amid various initiatives being taken to boost exports from India, GoI has come up recently with an anticipated yet welcoming move of extending SEIS benefit to service exporters till FY 2016-17. The Director General of … Continue reading

One of the many important reforms which EU has taken in its GSP rule of origin is the REXsystem or “Registered Exporter System”. In 2011, all the GSP beneficiary countries were asked to provide status of … Continue reading

Senior IAS Officer Ajay Kumar Bhalla has been appointed as a New Director General of Foreign Trade in place of Mr. Anup Wadhawan. Being IAS Officer belongs to 1984 Batch of Assam-Meghalaya cadre, is presently … Continue reading

Last Thursday, July 21, 2016, DGFT brought in clarity over non-inclusion of central and state taxes such as: VAT, Service tax, Luxury Tax etc in the Net Foreign Exchange Earning (NFE) calculated for the purpose … Continue reading

Trade Notice no. 10/2016 which came last Tuesday, on July 19th 2016, brought some sigh of relief for all the exporters who have made supplies to SEZ units before 01.04.2015 against payment in INR and … Continue reading

The Appointments Committee of the Cabinet (ACC) has appointed New Additional Director General of Foreign Trade at Mumbai and New Delhi. Ms. Sonia Sethi, IAS (MH:1994), Joint Secretary, Ministry of Culture has been appointed as … Continue reading

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