Sugar Export Policy as per FTP 2015-2020

(To be Published in the Gazette of I ndia Extraordinary Part-II, Section – 3, Sub-Section (ii)) Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan Notification No 3 /2015-2020  New Delhi, Dated : 20 April, 2015 Subject: Export policy of sugar. S.O.(E)  In exercise of the powers conferred by Section 5 … Read more

Minimum Export Price of onions reduced to $ 250 per MT from $ 300 per MT

(To be Published in the Gazette of India Extraordinary Part-II, Section – 3, Sub-Section ii)  Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan   Subject:- Export Policy of Onions- reduction in Minimum Export Price (MEP). S.O. (E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development … Read more

Implementation of Merchandise Export from India Scheme (MEIS) under FTP 2015-2020

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIAMINISTRY OF FINANCE(DEPARTMENT OF REVENUE) Notification No.  24 / 2015 – Customs New Delhi, the  8th  April, 2015. G.S.R. 269 (E).– In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of … Read more

Implementation of Service Export from India Scheme (SEIS) under FTP 2015-2020

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]  GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)  New Delhi, the 9th April, 2015  Notification No. 26/2015-Customs                G.S.R.     .- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), … Read more

THE FOREIGN TRADE POLICY 2015-2020 – HIGHLIGHTS

  Export from India Schemes: 1.             Merchandise Exports from India Scheme (MEIS) (a)          Earlier there were 5 different schemes (Focus Product Scheme, Market Linked Focus Product Scheme, Focus Market Scheme, Agri. Infrastructure Incentive Scrip, VKGUY) for rewarding merchandise exports with different kinds of duty scrips with varying conditions (sector specific or actual user only) attached … Read more

Facility for suo moto payment of customs duty in case of bona fide default in export obligation

Circular No.  11/2015 – Customs  F.No. 605/55/2014-DBK Government of India Ministry of Finance, Department of Revenue Central Board of Excise& Customs Drawback Division   New Delhi, dated 1st April, 2015 To   All Principal Chief Commissioners/Chief Commissioners of Customs / Customs (Prev)/ Central Excise & Customs, All Principal Directors General/Directors General of CBEC / Chief … Read more

Changes in Custom Tariff Value of certain goods from 31st March 2015

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART- II, SECTION-3, SUB-SECTION (ii)] Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No.34/2015-CUSTOMS (N. T.) New Delhi, 31st March, 2015 10 Chaitra, 1937 (SAKA) S.O…. (E).- In exercise of the powers conferred by sub-section (2) of section … Read more

Documents required for Export and Import as per Foreign Trade Policy, 2009-14

To be published in the Gazette of India Extraordinary Part II Section 3, Sub Section (II)  Government of India Ministry of Commerce and Industry   Subject: Specifying documents required for Export and Import S.O.(E) In exercise of the power conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with Para … Read more