Deemed license for import/manufacture of Class A or Class B Medical Devices
The importer/manufacturer can continue to import /manufacture the said device(s) up to 6 months from the date of issue of this order or till the time, the Central Licensing Authority or State Licensing Authority, as the case may be, takes a decision on the said application, whichever is earlier.
DGFT extends due date for application for TRQ for the third quarter of the FY 2022 – 2023
The application for revalidation shall be submitted through the import management system in the DGFT website. The last date for application for Tariff Rate Quota for the third quarter of the financial year 2022 – 2023 is extended till 10 October, 2022.
DGFT issues clarification on export of policy rice.
Therefore it has clarified that in respect of normal rice that “Rice (5% and 25%) is already exempted as it is not broken rice but normal rice with permissible limits of broken rice as per standards, however, it shall carry 20% duty as per the notification.
Extended timeline for annual return by Authorized holder under export promotion capital goods scheme
Authorization holder shall submit to RA concerned by 31st December of every year, report on fulfilment of export obligation by secured electronic filing using digital signatures/ or hard copy thereof.
DGFT notifies revised import policy condition of Areca nut.
However, it has been now revised that the import is free if CIF value is Rs. 251/- and above per Kilogram and the Import of 17,000 Metric Tonnes of Fresh (green) Areca Nut without Minimum Import Price (MIP) condition shall be allowed from Bhutan every year.
Ministry of Commerce & Industry extends the Foreign Trade policy for six months.
The new five year Foreign Trade Policy, 2015-20 provides a framework for increasing exports of goods and services as well as generation of employment and increasing value addition in the country, in keeping with the “Make in India” vision of Prime Minister. The focus of the new policy is to support both the manufacturing and services sectors, with a special emphasis on improving the ‘ease of doing business’.
DGFT extends deadline for export of broken rice
The Directorate General of Foreign Trade earlier allowed rice exports till 15 September, if loading began prior to the order, and in cases where the shipping bill has been filed and vessels have arrived at their destination. This deadline was extended till 30 September, 2022 and is now further extended till October 15, 2022.
CBIC extends validity of scrips issued under the RoDTEP and RoSCTL scheme
The effect of these amendments is that the validity period of scrips issued under the RoDTEP scheme is increased from one year to two years from the date of their generation.
Courier Imports and Exports (Electronic Declaration and Processing) Second Amendment Regulations, 2022
The amendment has revised the forms for importers for filing details of status of E-commerce import, E-commerce operator or website used and Payment/ unique transaction ID
DGFT extends the period of export of broker rice till 30th November 2022.
In order to ensure adequate availability of broken rice for consumption by domestic poultry industry and for other animal feedstock; and to produce ethanol for successful implementation of EBP program, Govt. of India has amended the export policy of broken rice (under HS Code 10064000) w.e.f 9th Sep, 2022 from “Free” to “Prohibited” with certain relaxations during the period 9th-15th Sep, 2022.
