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Export Incentive is not a right and can be withdrawn anytime — In a recent case, the Supreme Court of India dismissed the appeal filed against the Assistant General of Foreign Trade and pronounced the … Continue reading

The five-year Foreign Trade Policy (2015-2020) valid till 31.003.2020 was extended as the Government announced that the new policy would be deferred by one whole year because of the upheavals caused by “unprecedented” Covid-19 pandemic.  … Continue reading

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

DGFT office under the Ministry of Commerce has now notified the scheme guidelines along with the applicable rates under RoDTEP vide its notification No. 19/2015-20 dated 17th August 2021. To see the announcement click notification. To see … 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

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