Special Economic Zones (Fifth Amendment) Rules, 2023
The amendment provides the rules regarding setting up Information Technology Enabled Services Special Economic Zone.
Allocation of Remaining Quantities of Raw Petroleum Coke
It was unanimously decided to distribute the remaining 0.4 million tonnes of RPC to all eligible calciners on a pro-rata basis, following the existing methodology adopted by the DGFT. Certain criteria were laid out, including considerations for those who had not applied before, surrendered significant quantities, or featured in specific reports.
Commerce Ministry to collaborate with e-commerce companies to promote exports from districts
The core objective of this collaboration is to leverage e-commerce platforms to support local exporters, manufacturers, and MSMEs in reaching potential international buyers. The partnership aligns with the Foreign Trade Policy 2023, which identifies e-commerce as a focus area for amplifying India’s exports.
Pilot Launch of the Upgraded Electronic Bank Realization Certificate (eBRC) system for self-certification by Exporters
This more streamlined process is based on electronic Inward Remittance Messages (IRMs) to be transmitted directly by banks to DGFT. Based on the IRMs received, the exporters shall self-certify their eBRCs.
DGFT launches Centralized Video Conference Facility at its Headquarters
Effective from 08.11.2023, a centralized Video Conference (VC) facility will be available at the DGFT headquarters every Wednesday between 10 am to 12 noon. Senior officers from DGFT HQs shall remain present during these VCs to address the matters which could not be resolved by various DGFT Regional Authorities (RAs) despite concerted efforts.
Draft Petroleum (Amendment) Rules, 2023
No petroleum shall be imported by air or unloaded except at the airports authorized for this purpose by the Central Government in consultation with Chief Controller.
Centre extends date for inviting fresh applications under PLI Scheme for Textiles
Ministry has now decided to extend the date of inviting fresh applications under the Scheme upto 31stDecember 2023.
Revised import policy for edible oils
“All Vegetable ()ils/ Refined Vegetable Oils/ Solvent extracted Oils specified in Food Safety and Standards (Food Products Standards and Food Additives) Regulation, 2011 (made under the Food Safety & Standards Act, 2006) and conforming to standards specified in these regulations are freely importable except where otherwise stated.”
Union Commerce & Industry Minister unveils system based automatic ‘Status Holder’ certificates under Foreign Trade Policy 2023
The exporter will no longer be required to apply to the office of Directorate General of Foreign Trade (DGFT) for a Status Certificate and the export recognition will be provided by the IT system based on available Directorate General of Commercial Intelligence and Statistics (DGCIS) merchandise export electronic data and other risk parameters.
Timeline for availing benefits of the RoDTEP scheme
The existing rates for all the items covered under RoDTEP will be applicable for exports made from 01.10.2023 to 30.06.2024. However, it would be subject to the budgetary framework as provided under FTP 2023 so that the remissions for current financial year are managed within the approved Budget of the Scheme.
