DGFT Notifies ITC (HS) 2017: Schedule 1 to Import Policy
Indian Trade Classification (Harmonised System) of Import Items, 2017 , i.e. Schedule-1 (Import Policy) comprising of 98 Chapters notified by the DGFT, applicable w.e.f. 17 Jan. 2017.
Tag: DGFT
DGFT prescribes Procedure for Import of Un-shredded scrap
The DGFT vide Public Notice dt. 6 Oct. 2016 has prescribed procedure for designating ports for imports of un-shredded metallic scrap and handling of un-shredded scrap by ICDs.
Additions/ Amendments in MEIS Code-wise Products List/ Reward Rates by DGFT
The DGFT has notified Additions/ Amendments in Table 2 of Appendix 3B for the purpose of Merchandise Exports from India Scheme (MEIS).
DGFT Clarification on Refund of TED paid on Deemed Exports using Cenvat Credit
The DGFT has clarified that Refund of Terminal Excise Duty (TED) under Deemed Exports shall continue to be available, where Duty has been paid using CENVAT Credit and ab-initio …
Free Sale & Commerce Certificate issuance to Merchant Exporters: DGFT Clarification
The DGFT has clarified the matter relating to issuance of Free Sale & Commerce Certificate to Merchant Exporters, i.e. those who are not Manufacturers, if they provide the details …
DGFT Procedure for Special Advance Authorisation Scheme (Apparel/ Clothing Exports)
DGFT has prescribed check points for Regional authorities before grant of authorisation under Special Advance Authorisation Scheme for export of Articles of Apparel and Clothing Accessories.
DGFT enhances CIF value to Rs. 50k for Import of personal Electronic items
The DGFT has notified that C.I.F. value of Import of consumer electronic items at any one time by any person through port or otherwise for personal use is enhanced …
DGFT Allows Clubbing of Advance Authorizations for Annual Requirement
The DGFT vide Public Notice dt. 4 August, 2016 has allowed clubbing of Advance Authorizations for Annual Requirement, wherever EXIM has taken place as per SION norms.
Exclude Taxes while calculating forex earnings for SFIS/ SEIS Schemes: DGFT
In line with CAG observations, the DGFT has directed RAs that calculation of SFIS entitlements is to be made only on the basis of receipt of foreign exchange earned …
Single Application for MEIS Claims of Shipments from different EDI Ports
The procedure for filing of application under MEIS Scheme for EDI Shipping Bills is simplified. Now the shipments from different EDI ports will not require separate applications claiming MEIS …