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Trade Update 68

General Corporate / By

Knowledge Resource > A. Revamp of the Global Authorization for Intra-Company Transfer (GAICT) of SCOMET items/software/technology.The Directorate General of Foreign Trade vide Public Notice No. 14/2015-2020 dated June 13, 2022, revamped the process for issue of Global Authorisation for Intra-Company Transfer (GAICT) of SCOMET items Trade Notice is available at:https://content.dgft.gov.in/Website/dgftprod/43d855b9-3799-4095-b9ea-f39c357b2732/English%20PN%20GAICT.pdf B. Amendments made to Export …

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Trade Update 67

Financial Laws / By

Knowledge Resource > A. Amendment of notification No. 27/2011 dated 1st March, 2011 to increase export duty on certain goods.The Central Government vide Notification No.29/2022-Customs dated May 21, 2020 has amended Notification No.27/2011 dated March 01, 2011 to increase export duty on certain goods. In the case of Iron ore pellets, which currently does not …

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Trade Update 66

Financial Laws / By

Knowledge Resource > A. Amendment of Para 4.14, Para 5.01(a) and Para 6.01(d)(ii) of FTP 2015-20The Directorate General of Foreign Trade vide Notification No. 66/2015-2020 dated April 01, 2022 has notified that exemption from Integrated Tax and Compensation Cess under Advance Authorization under Para 4.14 of FTP 2015 -20, exemption from Integrated Tax and Compensation …

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Trade Update 65

Financial Laws / By

Knowledge Resource > A. Amendment in Policy condition of Si. No. 55 & 57, Chapter 10 Schedule-2, ITC(HS) Export Policy, 2018.The Directorate General of Foreign Trade vide Notification No. 61/2015-2020 dated March 23, 2022 has amended the Notification No. 60/2015-20 dated 09.03.2022 to the extent that export of Rice (Basmati and Non-Basmati) to EU member …

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Trade Update 64

Financial Laws / By

Knowledge Resource > A. Amendment in import policy conditions of items under ITC HS 0106 90 00 of Chapter 01 of ITC (HS), 2022, Schedule – I (Import Policy).The Directorate General of Foreign Trade vide Notification No. 57/2015-2020 dated March 07, 2022 has notified that the Import of only ‘Drosophila melanogaster’ under ITC (HS) 01069000 …

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Trade Update 63

General Corporate / By

Knowledge Resource > A. Amendment in import policy of items under ITC (HS) 8524 and 8525 of Chapter 85 of ITC (HS) 2022, Schedule – I (Import Policy)The Directorate General of Foreign Trade vide Notification No. 55/2015-2020 dated February 24, 2022 has notified that the Import policy of ITC(HS) 8524 and ITC(HS) 8525 89 00 …

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Trade Update 61

General Corporate / By

Knowledge Resource > A. Extension of Date for Mandatory electronic filing of Non-Preferential Certificate of Origin (CoO) through the Common Digital Platform to 31st March 2022. The Directorate General of Foreign Trade vide Trade Notice No. 32/2021-2022 dated January 24, 2021 has notified that that the electronic platform for Certificate of Origin (CoO)(URL:https://coo.dgft.gov.in ) has …

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