19 October 2020


Search Results for Tag : Export

Judgments

Collection of fee for preventing illegal activities of unrelated third parties a gambit for preventing manufacturers from exporting industrial alcohol(12.08.2015)

Duty payable for grant of permit to export rectified spirit from the state, favouring buyers of rectified spirit in the state, is a tax not a fee. Fro.....

Tags : excise, rectified alcohol, discourage export

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Notifications & Circulars

Export Policy of Onions - increase in Minimum Export Price(24.08.2015)

The Central government increased the minimum export price of all varieties of onions to $700 per metric ton. An earlier notification had set the minim.....

Tags : Onion, export, minimum price

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Amendment in export policy of edible oils(06.08.2015)

The government notified exemptions from prohibition on export of edible oils.

Tags : export, ban, edible, oils

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Amendment in export policy of edible oils(06.08.2015)

The government notified exemptions from prohibition on export of edible oils.

Tags : export, ban, edible, oils

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Commerce and Industry Minister says ECGC's role is very crucial in the trying times in sustaining the flow of exports(08.11.2016)

Commerce and Industry Minister Smt. Nirmala Sitharaman has said that ECGC's role is very crucial in the trying times in sustaining the flow of exports.....

Tags : Exports, Flow, Sustainment

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Rebate of State Levies on Export of Garments- revised rates regarding(09.11.2016)

Attention is drawn to Ministry's Circular Nos.43/2016-Customs dated 31.08.2016 and 47/2016-Customs dated 20.10.2016 regarding implementation of the Sc.....

Tags : Export, Rebate, State levies

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Abolition of Mate receipt(24.11.2016)

1. Ministry of Shipping had constituted a Committee under the Chairmanship of Director General of Shipping to recommend simplification and automation .....

Tags : Mate receipt, Abolition, Export

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Service Export from India scheme(14.12.2016)

The Government has introduced the Service Exports from India Scheme (SEIS) w.e.f. 01.04.2015 under the Foreign Trade Policy (FTP), 2015-20 replacing t.....

Tags : Scheme, Service Exports, Introduction

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Settlement of Export/ Import transactions in currencies without direct exchange rate(04.02.2016)

The Reserve Bank of India has permitted AD Category-I banks to settle import and export transactions where invoicing is in a freely convertible curren.....

Tags : Export, import, transaction, direct exchange rate

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National Capital Goods Policy(25.05.2016)

The National Capital Goods Policy with the objective of .....

Tags : national capital goods policy, export, self reliance

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Export Data Processing and Monitoring System expanded(26.05.2016)

The Export Data Processing and Monitoring System has been expanded with modules that will now include information on handling of shipping bills for ca.....

Tags : edpms, exporters, caution, monitoring, banks

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Amendment in Sl. No. 57, Chapter 10 of Schedule 2 of ITC (HS) regarding conditions for export of Basmati Rice(01.08.2016)

Central makes amendment in Chapter 10 of Schedule 2 of ITC (HS) Classification of Export and Import Items, in exercise of the powers conferred by Sect.....

Tags : Basmati rice, Exports, Conditions, Amendment

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Special Advance Authorisation Scheme for export of Articles of Apparel and Clothing Accessories(11.08.2016)

Central Government makes amendments in the Foreign Trade Policy (FTP) 2015-2020 with effect from 1st September 2016, In exercise of the powers conferr.....

Tags : Apparels, Export, Authorisation Scheme

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Refund to Terminal Excise Duty (TED) under Deemed Exports where Duty has been paid from CENVAT Credit and ab-initio waiver is not available(22.09.2016)

The Para 7.03 (c) of FTP 2015-20 provides for refund of Terminal Excise Duty if exemption is not available. The Para 7.05 (ii) of FTP 2015-20 states t.....

Tags : Terminal Excise Duty, Refund, Deemed Exports

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Amendment in Notification number 157/1990-Customs, dated the 28th March, 1990(05.10.2016)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied th.....

Tags : Notification, Amendment, Goods, Export, Levy

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Rebate of State Levies on Export of Garments - Implementation by CBEC reg(20.10.2016)

Kind attention is invited to Circular No. 43/2016-Customs dated 31.8.2016 on the above cited subject. The field formations are informed for necessary .....

Tags : Garment, Export, Rebate

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Survey on Computer Software and Information Technology Enabled Services Exports: 2015-16(20.10.2016)

The Reserve Bank of India today released, on its website, the data1 related to the 2015-16 round of the 'Survey on Computer Software and Information T.....

Tags : Export, Software service, Survey

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Issues related to furnishing of Bond/ Letter of Undertaking for Exports(04.07.2017)

1. Various communications have been received from the field formations and exporters on the issue of difficulties being faced while supplying the good.....

Tags : Bond, Furnishing, Exports

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Branding Strategy for Export Oriented Indian Products(31.07.2017)

India's Foreign Trade Policy Statement released in 2015 emphasises the need of a branding strategy. The India Brand Equity Foundation (IBEF) establish.....

Tags : Strategy, Branding, Export Products

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Union Finance Minister Shri Arun Jaitley constitutes a Group of Ministers and a Committee on Exports(12.09.2017)

In pursuance of decision taken in the 21st Meeting of GST Council held on 9th September, 2017 at Hyderabad, the Union Finance Minister, Shri Arun Jait.....

Tags : Committee, Exports, Constitution

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IGST Refund to exporters - CBEC directs officers to do it through existing refund route(10.10.2017)

WITH the GST Council recommending immediate disbursal of refund to exporters the CBEC explored the possibility with the Chief Controller of Accounts b.....

Tags : IGST, Refund, Exporter

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Refund of IGST paid on export of goods under Rule 96 of CGST Rules 2017(09.10.2017)

As you are aware, Rule 96 of the CGST Rules 2017 deals with refund of Integrated Tax paid on goods exported out of India. It provides that the shippin.....

Tags : Goods, Export, Refund

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Onetime relaxation for EO extension and clubbing of Advance Authorisations(24.10.2017)

In exercise of powers conferred under Para 2.04 and 2.58 of the Foreign Trade Policy 2015-2020, as amended from time to time, the Director General of .....

Tags : Time period, Extension, Export obligation

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EPCH hails GST notification to ease procedure for merchant exporters(24.10.2017)

The Export Promotion Council for Handicrafts has welcomed the Government's decision to ease the procedure for merchant exporters. Handicrafts merchant.....

Tags : EPCH, GST notification to ease procedure for merchant exporters

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Post-GST rates Notified to boost exports and employment generation in the labour intensive textiles and apparel sector(25.11.2017)

In order to support exports of readymade garments and made-ups, Government vide Notification No. 14/26/2010- IT dated 24th November 2017 has notified .....

Tags : GST, Exports, Labour Intensive

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Clarification regarding export policy of onions- Removal of Minimum Export Price (MEP) and Letter of Credit (LC)(26.02.2018)

DGFT has received representations from exporters of onions stating that Customs is not allowing export of onions without LC(Letter of Credit) despite .....

Tags : Clarification, Export policy, Onions

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Refund of IGST on Export-Extension of date in SB005 alternate mechanism cases and clarifications in other cases(23.03.2018)

CBEC has issued Circular No 5/2018-Customs dated 23-02-2018 which provided for an alternative mechanism with officer interface to resolve invoice mism.....

Tags : Refund, IGST, Export, Date, Extension

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Suresh Prabhu launches digital platform for MSME Exporters(17.04.2018)

Commerce and Industry Minister, Suresh Prabhu at the launch of FIEO Global Linker, a digital platform for MSME Exporters.

The Minister of .....

Tags : MSME Exporters, Digital platform, Launch

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Commerce Minister Releases Strategy Paper on Computer Software and Electronics Exports(24.05.2018)

The Union Minister for Commerce & Industry Suresh Prabhu releasing the strategy paper & business plan of India's Computer Software & ITeS and Electron.....

Tags : Strategy Paper, Release, Electronics Exports

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Maintenance of Annual Average Export Obligation(22.05.2018)

In exercise of the powers conferred under Paragraph 1.03 of the Foreign Trade Policy (FTP), 2015-20, the Director General of Foreign Trade in Public i.....

Tags : Export Obligation, Maintenance

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Commerce Minister releases study report on Indian pharma exports to China(18.06.2018)

For India to make a strong pitch for pharma exports to China, the Department of Commerce in coordination with Embassy of India at Beijing commissioned.....

Tags : China, Pharma, Export

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Tax on services received by apparel exporters in fabrication of garments(15.12.2015)

The Ministry of Finance has sought to clarify ambiguities regarding the applicability of service tax on services received by an apparel exporter from .....

Tags : Service tax, apparel, export, receipt

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Implementation of Track and Trace system for export of pharmaceuticals(05.01.2016)

The Director General of Foreign Trade has amended procedure in the Handbook of Procedure, 2015-20 for implementation of the Track and Trace system for.....

Tags : Dgft, pharmaceutical, export, track and trace

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Exemption from application of quantitative ceiling and export bans and enhancement of quantitative ceiling(19.04.2017)

In exercise of the powers conferred by Section 3 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992), as amended, read with para.....

Tags : Exemption, Ceiling, Export

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Monitoring of export obligation fulfillment under EPCG and Advance Authorization Schemes reg(02.05.2017)

I am directed to invite your attention to para 2(d) of Circular No. 5/2010-Cus dated 16.03.2010 directing initiation of action to safeguard revenue in.....

Tags : Export obligation, Fulfilment

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Refund of IGST on export of goods on payment of duty-Clarification in case of SB003 errors and extension of date in SB005 and other cases using officer Interface for rectification of errors-reg(18.07.2018)

1. It may be recalled that in circular 15/2018-Customs dated 06.6.2018, CBIC has provided for the resolution of SB003 error in certain cases through t.....

Tags : Goods, Export, Refund

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Allocation of quantity for export of preferential quota sugar to EU under CXL quota(04.09.2018)

1. In exercise of the powers conferred under Paragraphs 2.04 of the Foreign Trade Policy, 2015-2020, the Director General of Foreign Trade hereby allo.....

Tags : Export, Quantity, Allocation

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Allocation of preferential export of sugar to USA under TRQ for the year 2018-19(13.09.2018)

1. In exercise of the powers conferred under Paragraphs 2.04 of the Foreign Trade Policy, 2015-2020, the Director General of Foreign Trade hereby allo.....

Tags : Preferential export, Sugar, Allocation

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One time relaxation for regularisation and issue of EODC for exports made prior to imports where Advance Authorisation issued for import of Natural Rubber/Silk(13.09.2018)

1. In exercise of powers conferred under paragraph 1.03 and 2.58 of the Foreign Trade Policy 2015-2020, the Director General of Foreign Trade hereby g.....

Tags : Regularisation, Relaxation, Exports

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Export of Red Sanders wood by Directorate of Revenue Intelligence and Governments of Tamil Nadu and Maharashtra - Extension of time regarding(03.10.2018)

In exercise of powers conferred by Section 3 of the Foreign Trade (Development & Regulation) Act, 1992 read with Para 1.02 of the Foreign Trade Policy.....

Tags : Export, Red Sanders wood, Extension, Time

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Extension of date for implementation of the Track and Trace system for export of Pharmaceuticals and drug consignments(01.11.2018)

In exercise of the powers conferred under Paragraph 2.04 of the Foreign Trade Policy, 2015-20, as amended from time to time, the Director General of F.....

Tags : Implementation, Trace system, Export, Pharmaceuticals

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Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit(29.11.2018)

1. Please refer to the operational instructions for the captioned scheme contained in RBI circular on Interest Equalisation Scheme on Pre and Post Shi.....

Tags : Equalisation Scheme, Interest, Shipment, Export Credit

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Export of Red Sanders wood by Government of Karnataka - Extension of time(03.01.2019)

In exercise of powers conferred by Section 3 of the Foreign Trade (Development & Regulation) Act, 1992 read with Para 1.02 of the Foreign Trade Policy.....

Tags : Export, Red Sanders wood, Extension, Time

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Impact of Trade Agreements(01.01.2019)

Some industry associations including those relating to steel have expressed concerns on imports under bilateral free trade agreements with Japan, Kore.....

Tags : Trade Agreements, Impact, Exports, Imports

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Commerce Minister interacts with FPOs on Agri Export Policy(26.02.2019)

Union Minister of Commerce and Industry, Suresh Prabhu, held an interaction with Farmer Producers' Organizations (FPOs) through video link in 81 locat.....

Tags : FPOs, Interaction, Agri Export Policy

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Scheme for Rebate of State and Central Taxes and Levies on export of garments and made-ups(12.03.2019)

Ministry of Textiles (MoT) has notified a new scheme called Scheme for Rebate of State and Central Taxes and Levies on export of garments and made-ups.....

Tags : Scheme, Rebate, Export, Garments

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Export and Import of Indian Currency(20.03.2019)

Attention of Authorised Persons is invited to Regulation 8 of Foreign Exchange Management (Export and import of currency) Regulations, 2015, in terms .....

Tags : Indian Currency, Export, Import

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Commerce Ministry through ECGC raises Insurance cover for Banks up to 90% for Working Capital Loans(16.09.2019)

Union Minister of Commerce & Industry and Railways, Piyush Goyal informed about the details of the Export Credit Insurance Scheme (ECIS). The scheme w.....

Tags : Export credit, Insurance cover, Enhancement

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Khadi gets separate unique HS code, export to get a boost(06.11.2019)

Khadi has once again come out of its customary veil, marking its presence in the exclusive HS code bracket, issued by the central government on 4th No.....

Tags : Khadi, Export, Boost

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Benefit of FTAs to Small Exporters(11.12.2019)

The Free Trade Agreements (FTAs) signed by India provide tariff concessions thereby giving opportunities for exports of products including those relat.....

Tags : Benefit, FTAs, Small Exporters

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Standard Operating Procedure to be followed by exporters(23.01.2020)

As you are aware, several cases of monetisation of credit fraudulently obtained or ineligible credit through refund of Integrated Goods & Service Tax .....

Tags : Standard Operating Procedure, Exporters

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Streamlining export data to include District level details in Shipping Bills(05.02.2020)

1. Reference is invited to Notification No. 33/2019-Cus (NT) dated 25.04.2019 vide which the Shipping Bill (Electronic Integrated Declaration and Pape.....

Tags : Export data, Inclusion, District level details

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Strategy for Export of Defence Products under 'Make In India' Programme(03.02.2020)

Various strategies have been firmed up and reforms introduced to enhance Defence exports. These measures are listed below:

Special Chemicals.....

Tags : Export, Defence Products, Strategy

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Central Board of Indirect Taxes and Customs starts capturing district-wise data or origin of export goods(17.02.2020)

Keeping with the Hon'ble PM's objective of turning districts into export hubs, Central Board of Indirect Taxes and Customs has now started capturing d.....

Tags : District-wise, data, Export goods

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Benefits of Free Trade Agreements(04.03.2020)

The Free Trade Agreements (FTAs) signed by India provide tariff concessions thereby giving opportunities for exports of products including those relat.....

Tags : Benefits, FTA, Exports

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Steps Taken to Boost Export(11.03.2020)

Primary focus Government export promotion schemes/ policies is to refund duties and taxes levied on inputs used in production of export products, redu.....

Tags : Export, Boost, Steps

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Cabinet approves extension of rebate in taxes on export of garments and made-ups(25.03.2020)

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has given its approval for continuation of Rebate of State and Central Taxes and L.....

Tags : Extension, Rebate, Export, Garments

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Phasing out of physical copies of Merchandise Exports from India Scheme (MEIS)/Services Exports from India Scheme (SEIS) Duty Credit Scrips issued with EDI port as Port of registration(09.04.2019)

In order to enhance the ease of doing business for exporters, DGFT has decided to phase out physical copies of MEIS and SEIS Duty Credit Scrips issued.....

Tags : Physical copies, Merchandise Exports, Phasing out

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Implementation of PGA eSANCHIT-Paperless Processing under SWIFT-Uploading of Licenses/Permits/Certificates/Other Authorizations (LPCOs) by PGAs(03.06.2019)

'eSANCHIT' application is successfully in operation since 01.04.2018. Further with the objective of further reducing physical interface between Custom.....

Tags : Paperless Processing, Import, Export, Implementation

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Export of Cardamom(24.07.2019)

The Government of Saudi Arabia and Japan have not banned import of cardamom from India. However, Saudi Arabia Food & Drug Authority (SFDA) had detaine.....

Tags : Export, Cardamom, Pesticides used, Details

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Allocation of quantity for export of preferential quota sugar to EU under CXL quota(24.07.2019)

1. In exercise of the powers conferred under Paragraphs 2.04 of the Foreign Trade Policy, 2015-2020, the Director General of Foreign Trade hereby allo.....

Tags : Allocation, Quantity, Export, EU, CXL quota

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IGST Export Refunds-Extension in SB005 alternate mechanism and revised processing in certain cases including disbursal of compensation Cess(27.08.2019)

CBIC has issued circulars 05/2018-Customs dated 23.02.2018, 08/2018-Customs dated 23.03.2018, 15/2018-Customs dated 06.06.2018 and 40/2018-Customs dat.....

Tags : IGST Export, Refunds, Extension

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Export of Goods and Services- Realisation and Repatriation of Export Proceeds-Relaxation(01.04.2020)

1. The Government of India as well as the Reserve Bank has been receiving representations from Exporters Trade bodies to extend the period of realisat.....

Tags : Goods and Services, Export Proceeds, Relaxation

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Government initiates dialogue to resurrect agri sector exports in the aftermath of current COVID-19 crisis(14.04.2020)

Following directions from Agriculture Minister Shri Narendra Singh Tomar, Secretary DAC&FW held video conference with Associations of producers/export.....

Tags : Dialogue, Agri sector, Exports

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IGST refunds on exports-extension in SB005 alternate mechanism(21.04.2020)

1. Kind reference is invited to Board's Circulars 08/2018-Cus dt 23.03.2018, 15/2018-Cus dt 06.06.2018, 22/2018-Cus dt 18.07.2018, 40/2018-Cus dt 24.1.....

Tags : IGST, Refunds, Exports-extension

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CBIC Enables End to End Paperless Exports under Turant Customs(23.06.2020)

Shri Ajit Kumar, Chairman, Central Board of Indirect Taxes and Customs (CBIC) here yesterday unveiled a Secure QR coded Shipping Bill that would be el.....

Tags : Paperless Exports, Turant Customs

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Allocation of quantity for export of preferential quota sugar to EU under CXL quota(21.07.2020)

1.In exercise of the powers conferred under Paragraphs 2.04 of the Foreign Trade Policy, 2015-2020, the Director General of Foreign Trade hereby alloc.....

Tags : Allocation, Quantity, Export, Quota

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Extension of date for filing online applications for export quota of August 2020 for PPE medical coverall for Covid-19(06.08.2020)

1. Reference is invited to the Trade Notice No. 18/2020-21 dated 20.07.2020 in which it was mentioned that applications for medical coveralls for Covi.....

Tags : Extension, Date, Export quota

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Auto Let Export Order under Express Cargo Clearance System(07.09.2020)

1. In order to facilitate exports by courier and to enhance the global competitiveness of India's exporters, Board has decided to allow the facility o.....

Tags : Auto Let Export Order, Cargo Clearance

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Changes in IEC with the introduction of GST(12.06.2017)

The Foreign Trade (Development &Regulation) Act, 1992 provides that no person shall make any import or export except under an Importer Exporter Code (.....

Tags : Importer Exporter Code, Change, GST

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News

CBEC Releases Draft Notification Amending Bill of Entry and Bill of Export Regulations(20.06.2017)

Central Board of Excise and Customs (CBEC) has released draft notification amending Bill of Entry Regulations, 1976 and Bill of Export Regulations, 19.....

Tags : Goods and Services Tax, Bill of Entry, Bill of Export Regulations

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Govt Prescribes Procedure Export and Sealing of Containerized Cargo(05.07.2017)

Government of India has prescribed procedure for export and for sealing of containerized cargo.

Tags : Export and Sealing of Containerized Cargo

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CIVIL - SC Refuses to Hear PIL Seeking Ban on Slaughter of Animals for Export(19.02.2019)

Supreme Court has refused to interfere on a plea which questioned the Government of India's policy on export of meat, leather and related products in .....

Tags : Supreme Court, Slaughter of Animals for Export

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MP HC: Export Ban on N95 Masks/PPE Kits Not Violation of Right of Trade/Business(15.10.2020)

Madhya Pradesh High Court has ruled that ban of export in respect of KN95 Masks, Personal Protective Equipment Kits and other products does not amount.....

Tags : Madhya Pradesh High Court, Export Ban on N95 Masks/PPE Kits

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Bombay HC Allows Export of Pending Consignment of Onions with Valid Shipping Bills(22.10.2020)

Bombay High Court has allowed export of onions for which shipping bills were presented and generated prior to 10:28 pm on September 14, 2020 the same .....

Tags : Bombay High Court, Export of Onions

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Calcutta HC: Extra Realisation Due to Adverse Exchange Rate of Rupee Part of Export Turnover(20.05.2020)

Calcutta High Court has held that extra realisation made in rupees for export sale proceeds in foreign exchange due to adverse exchange rate of rupee .....

Tags : Calcutta High Court, Export Turnover

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AAR, Karnataka: Supply of Intermediary Export Services Taxable under Forward Charge Mechanism(03.04.2020)

Authority of Advance Ruling (AAR), Karnataka has ruled that the supply of intermediary export services is taxable under forward charge mechanism and n.....

Tags : Authority of Advance Ruling, Supply of Intermediary Export Services

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INTELLECTUAL PROPERTY RIGHTS - Delhi HC Bans 12 Firms From Selling Patanjali Goods In International Market in Trademark Infringement(27.03.2019)

Delhi HC while deciding the matter in Patanjali Ayurved has granted ex-parte ad-interim injunction against Masala King Exports Trading Private Limited.....

Tags : Delhi HC, Patanjali Ayurved Limited, Masala King Exports Trading Private Limited

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Gujarat High Court Stays Kutch DM’s Order on Livestock Export Ban From Tuna(21.09.2018)

Gujarat High Court has stayed the order of Kutch District Magistrate prohibiting the movement of livestock at Tuna port after complaints of alleged vi.....

Tags : Gujarat High Court, Kutch DM, Livestock Export Ban

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ITAT, Bangalore: Payments in Foreign Currency For Travel Etc. Excludable From Export, Total Turnover(18.05.2017)

ITAT, Bangalore has held that payments made in foreign currency towards foreign travel, telecommunication expenses & ex-pat salary are excludable from.....

Tags : ITAT, Bangalore, Export, Total Turnover

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Govt. Bans Zero Duty Import of Capital Goods for Power Plants under EPCG Scheme(02.02.2016)

Government has banned duty- free import of capital goods for power generation and transmission projects under Export Promotion Capital Goods (EPCG) sc.....

Tags : Government, Export Promotion Capital Goods scheme

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Delhi HC Stays Look Out Notice against Meat Exporter Moin Qureshi(26.10.2016)

Delhi High Court while staying Look Out Circular issued against Meat Exporter Moin Qureshi, has asked him to appear before Enforcement Directorate for.....

Tags : Delhi High Court, Meat Exporter, Moin Qureshi

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SC Notices RBI over Contempt Petition on Derivative Scam Issue(02.11.2016)

Supreme Court has ordered issuance of notice to Reserve Bank of India officials after hearing contempt petition moved by Tirupur Exporters Association.....

Tags : Supreme Court , RBI , Tirupur Exporters, Derivatives Scam

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Delhi HC Permits To Export Patented Drugs For Specific Purposes(08.03.2017)

Delhi High Court has allowed generic drug manufacturers to export patented drugs for purposes of development, clinical trials and regulatory clearance.....

Tags : Delhi High Court, generic drug, Export

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“Advantage Healthcare India – 2015” inaugurated(05.10.2015)

The Commerce Secretary inaugurated 'Advantage Health Care India, 2015" , an international summit on Medical Value Travel on 5 October, 2015. Running f.....

Tags : Health, care, export, india, summit

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Top Story

Central Government approves capital infusion in Export Credit Guarantee Corporation Ltd.(27.06.2018)

The Cabinet Committee on Economic Affairs chaired by Prime Minister has approved the capital infusion of Rs. 2000 crore for strengthening of Export Cr.....

Tags : Capital infusion, Approval, MSME exports

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Commerce Ministry held Meeting with Export Promotion Councils to Boost Exports(05.02.2019)

In wake of enhancing exports, a meeting with export promotion councils and other key exporters was held to discuss various issues being faced by expor.....

Tags : Exports, Promotion, Meeting

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Government announces new measures to boost exports(14.09.2019)

Union Finance Minister Nirmala Sitharaman announced various measures in order to give a boost and impetus to exports and to revive economic growth. In.....

Tags : Exports, Promotion, Steps

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