Export policy of wheat revised from free to prohibited
Export will be allowed when made to meet food security needs of other countries based on their request and permission from Indian government.
Revised Policy for export of Guar Gum
The policy is revised to free subject to issue of Official Certificate by authorized representative of Ministry of Commerce & Industry, Government of India i.e. Shellac & Forest Products Export Promotion Council (SHEFEXIL), Kolkata.
DGFT extends due date for import of de-oiled GM soya cake
For import of remaining Quantities of 5.5 Lakh MTs allowed as per notification dated 24.08.2021, the last date of imports is extended to 30th September 2022. Strict monitoring of import quantity shall be ensured by Department of Animal Husbandry and Dairying (DAH&D) so that the mandated quantity is not breached.
DGFT to issue Preferential Certificate of Origin for Exports to UAE under India-UAE CECPA from 1st May 2022.
Any new applicant exporter would be required to initially register at the portal. The password would be sent on the email and mobile number of the IEC (importer exporter code) holder. In case the IEC holder desires to update their email on which communication is to be sent, the same may be done by using the ‘IEC Profile Management’ service on the DGFT website https://dgft.gov.in.
DGFT extends the date of filing of Non-Preferential Certificate of Origin (CoO) to 1st August 2022.
The issuing agencies who do not use the Online System for issue of non-preferential CoOs after 1st August 2022 will invite penal action and can be subject to ‘delisting’ as an authorised agency. The authorised agencies are therefore required to sensitize the exporting community and their constituents regarding the online system and its registration requirements well in time. Any issues relating to the IT system and its implementation may also be brought to our notice for appropriate action.
DGFT notifies new online module for filing of application for recognition as Pre-Shipment Inspection Agency with effect from 1st May 2022.
The online process shall not be mandatory in the initial period of go-live and the PSIAs as well as the importers are provided time till 30.06.2022 to onboard and familiarise with the said online process. All PSICs shall be mandatorily generated online through the DGFT Website w.e.f. 01.07.2022. PSICs dated on or after 01.07.2022 not generated using the DGFT online systems may not be accepted by the Indian Customs Authorities.
IFSCA notifies guidance framework on Sustainable and Sustainability linked lending by financial institutions.
An entity licensed/registered post issuance of this framework shall get a time period of 12 months, from the date of commencing its operations, to put in place a Board approved policy. The lending target shall be applicable from the beginning of the new financial year, post adoption of the Board approved policy.
IFSCA notifies International Financial Services Centres Authority (FinTech Incentive) Scheme, 2022.
The disbursement shall be done on ‘reimbursement’ basis after submission of necessary documents,invoices, technical reports, etc. The Authority shall normally release the disbursement within 30 working days of submission of all the documents.
DGFT Helpdesk support now available on 24×7 basis.
The Directorate General of Foreign Trade on 22nd April 2022 has notified that the services of DGFT Helpdesk to be available on a 24×7 basis in order to facilitate trade and extend more proactive helpdesk support to the exporting community. Stakeholders may use any of the below channels to flag any issues, suggestions or feedback […]
Plant Quarantine (Regulation of Import into India) (First Amendment) Order, 2022
Phytosanitary Certificate for import of plants shall declare that the tissue culture plants were obtained from mother stock tested
and maintained free from any virus.
