DGFT imposes ban on the export of Amphotericin-B injection.
The decision comes in the backdrop of rising cases of Mucormycosis among patient who have recovered from coronavirus, several Indian states have witnessed acute shortage of Amphotericin-B injection.
The Sea Cargo Manifest and Transhipment (Third Amendment) Regulations, 2021.
The authorized sea carrier shall continue to deliver the cargo declaration in Form III of the Import Manifest (Vessels) Regulations, 1971 and Form I of the Export Manifest (Vessels) Regulations, 1976, in the manner as was applicable before the commencement of these regulations, till 30th June 2021,
The Import Export Code services is suspended till 6th June 2021 due to non-availability of PAN Validation Services.
The services of DGFT such as application for a new importer-exporter code (IEC), modification applications and one-time linking of Aadhaar for e-sign purposes will not be available from June 1-6 due to non-availability of PAN Validation Services.
DGFT notifies fee of Rs. 200 for obtaining Non-Preferential Certificate of Origin.
The Government has nominated certain agencies to issue Non Preferential Certificate of Origin (CoO). These CoOs evidence origin of goods and do not bestow any right to preferential tariffs.
DGFT launches an online facility for recording information about the transfer of DFIA.
The issuance of paper copies of DFIA scrips (for EDI Ports) will be discontinued with effect from 7th June 2021, however Security Paper copies of DFIA Scrips shall continue to be issued for Non-EDI Ports.
Revised Scheme for providing assistance to exporters of sugar
The Central Government has revised the Scheme for providing assistance to sugar mills for expenses on marketing costs including handling, upgrading and other processing costs and costs of international and internal transport and freight charges on export of sugar to provide a lump sum assistance for expenses on export of sugar limited to MAEQ of sugar mills for the sugar season 2020- 21 in the following manner:
DGFT has launched an online e-EPCG committee module.
The Members of trade are advised to go through the online help manual and FAQ documents before filing the applications under the module. In case of technical issues, DGFT helpdesk can be reached out to.
W.B issues SOP to avail Ad hoc Exemption of Duty
In order to avail Ad hoc Exemption of Duty provided through order dated 3rd May, 2021, the importer has to submit a Self Declaration form, duly completed in the format of Annexure-A, by email addressed to the Nodal Authority at md@wbmsc.gov.in.
Ministry of Commerce and Industry provides relaxation under Gas Cylinder Rules, 2016.
The Certification of PESO will not be mandatory pre-shipment, however, its certification will be required before use of the oxygen cylinders which entails weight and hydro testing.
Sponsor Contribution to an overseas AIF shall qualify as ODI
Any sponsor contribution from a sponsor IP to an Alternative Investment Fund (AIF) set up in an overseas jurisdiction, including International Financial Services Centres (IFSCs) in India, as per the laws of the host jurisdiction, will be treated as Overseas Direct
Investment (ODI).
