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In an unexpected move towards regulatory refinement, the Directorate General of Foreign Trade (DGFT) announced the suspension of a significant chunk of Standard Input Output Norms (SIONs) on 03rd May 2024 thru Public Notice No. … Continue reading

Finally, the long pending demand from the exporters for RoDTEP benefit to exports made by Advance Authorisation/DFIA holders, EOUs and SEZ Units has been met but with about 40% reduction in the rates for these … Continue reading

To address the misuse of Advance Authorisation, Export Oriented Units (EOU), and Special Economic Zones (SEZ) for importing items subject to mandatory Quality Control orders, the Directorate General of Foreign Trade (DGFT) has implemented significant … Continue reading

After lots of discussions/negotiations with the IT Hardware Industry, the Government said that it only wants to monitor the import of IT goods and not restrict them from imports. In the end however it appears … Continue reading

We are delighted to provide you with the latest updates in the world of international trade and e-waste management. As part of our commitment to keeping you informed, we bring you the key highlights of … Continue reading

New Delhi, June 7 – In a bid to navigate the complexities of Extended Producer Responsibility (EPR) regulations while promoting trade compliance and environmental sustainability, micro and small producers in the plastic packaging industry have … Continue reading

While unveiling the New Foreign Trade Policy, 2023, the commerce Minister introduced an amnesty scheme for one time settlement of default in export obligation by Advance Authorisation and EPCG authorisation holders.  Accordingly, the DGFT has … Continue reading

After extending the existing Foreign Trade Policy 2015-20 for the last 3 years initially due to Covid pandemic and then because of the volatile geo-political scenario, a NEW Foreign Trade Policy 2023 was announced today … Continue reading

Export Incentive is not a right and can be withdrawn anytime — In a recent case, the Supreme Court of India dismissed the appeal filed against the Assistant General of Foreign Trade and pronounced the … Continue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

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