PM launches National Logistics Policy
The National Logistics Policy will bring new energy to all sectors. Unified Logistics Interface Platform ULIP will bring all the digital services related to the transportation sector into a single portal, freeing the exporters from a host of very long and cumbersome processes. Similarly, under the policy a new digital platform Ease of logistics Services -E-Logs has also been started.
DGFT permits import and export through the special rupee vostro accounts in INR
DGFT permits import and export through the special rupee vostro accounts s opened by Authorized dealer banks as per RBI circular dated 11 July 2021 in INR.
DGFT permits import of PET flake
The import of PET bottles shall remain prohibited but import of PET flake shall be permitted.
DGFT mandates TRQ licensees to intimate import details
Information and proof of purchase/import arrangements, such as, details of advance payment along with purchase contract/Letter of Credit along with the
SWIFT Output Message Reference date, and other supporting documents shall be sent to the email ids: ddg1import-dgft@gov.in and policy2-dgft@gov.in latest by 20.09.2022.
Extended timeline for implementation of Export Release Orders issued to sugar mills/exporters
The implementation of the export release orders issued by Department of Food and Public Distribution since 05.06.2022 has been extended till 31. 10. 2022.
DGFT notifies Amendment in Export Policy of broken rice.
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.
Importers and exporters of gold & silver to comply with Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017
importers and the exporters of gold and silver, who are receiving the supply from the importers for the intended purpose, shall follow the procedure, as applicable, in the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017
Revised tariff rates for imported crops
This revised rates shall come into force on the 09th of September, 2022.
DGFT extends the last date for uploading e-BRC for shipping bills on which RoSCTL scrip has been availed.
As per the earlier notification, it was stipulated that under RoSCTIL, the rebate allowed were subject to the receipt of export proceeds within time allowed under the foreign Exchange management, Act 1999 failing which such rebate shall be deemed never to have been allowed
Government of Kerala invites comments/suggestions from public on the Draft export policy.
Through this policy, a dedicated Institute may be created to carry out trainings and other Capacity Building regarding exports and export promotion in the state. Skill development programme shall be conducted existing exporters, entrepreneurs and artisans in improving their product and in product diversification. Trade Awareness Programmes and Trade Development Programmes may be conducted in periodic intervals of existing exporters and non-exporters in the nuances of exporting and overseas markets.
