DGFT notifies online filing of requests for closure of advance authorizations.
The Authorization Holders are required to make online submissions for the fulfillment of Export Obligation to the DGFT Regional Authority (RA)
Bill of Entry (Electronic Integrated Declaration and Paperless Processing) Amendment Regulations, 2021
In case of a customs port (other than inland container depot and air freight station) at which goods are to be cleared for home consumption or warehousing, the authorized person shall file the bill of entry before the end of the day (including holidays) preceding the day on which the vessel carrying the goods arrives at the customs port.
DGFT extends the foreign trade policy till 30th September 2021.
DGFT has extended the validity of status certificate till 30th September 2021.
DGFT extends the date of implementation of Track and Trace System in Pharma exports till 1st April 2022.
The Pharmaceutical had earlier represented to the Commerce Department on the difficulties expressed by its member exporters with respect to the implementation of track and trace and had requested for an extension of timeline.
The Bill of Entry (Forms) Amendment Regulations, 2021.
The Amendment is brought under regulation 4 (1a) which notifies that in case of a customs port at which goods are to be cleared for home consumption or warehousing, the authorised person shall file the bill of entry before the end of the day (including holidays) preceding the day on which the vessel carrying the goods arrives at the customs port.
DGFT notifies the last date for filing applications containing shipping bills with LEO to be 31st December 2021.
The last date for filing applications containing shipping bills with LEO date before 01.10.2017 would be 31.12.2021.
The Paradip Port Trust (Licensing of Stevedoring and Shore Handling) Regulations, 2021.
The regulation shall be applicable to stevedoring activities on board and shore handling activities onshore undertaken by the agent, but shall not apply to such activities undertaken either by the Board or by any person with whom Public Private Partnership agreement or Build-Operate–Transfer agreement or such other agreement has been entered into by the Board.
Online module for adjudication, review, and appeal proceedings under the Foreign Exchange (Development and Regulation) Act, 1992
The Adjudication, review and appeal proceedings related to any violations of DGFT Schemes, Foreign Trade policies, procedures and orders shall be initiated and conducted online. Exporters shall submit all documents online through DGFT website.
DGFT issues procedure and criteria for submission and approval of applications for export of diagnostic kits and their components/ laboratory reagents.
The online application for export of Diagnostic Kits or their components may be applied from 4th March 2021 to 9th March 2021 and the validity of export license will be for 6 months.
RBI extends the time to make application for authorization as a pan-India umbrella entity for retail payments
RBI has extended the time to make application for authorization as a pan-India umbrella entity for retail payments as per the framework for authorization of pan-India Umbrella Entity for retail payments on August 18, 2020 till March 31, 2021.