DGFT lays down criteria and procedure for submission of applications for export of surgical mask

The Exporters (both manufactures and merchant exporters) shall apply online through DGFT’s ECOM system for export authorizations and export of only 4 crore units will be allowed for the month of August.

CBIC issues the Sea Cargo Manifest and Transhipment (Second Amendment) Regulations, 2020

The Authorized dealer can now deliver the cargo declaration in Form-VIA or Form-VIB and Form-VIIA or Form-VIIB or arrival and departure manifest in Form-VIII or Form-VIIIA, from 15th May, 2020 till 30th September, 2020.

CBIC Invites Suggestions for Review of Customs Laws and Procedures

The Central Board of Indirect Taxes and Customs (CBIC) has invited suggestions to review the Customs laws and procedures and the Customs Duty Exemption Notifications.

CBIC relaxes submission of custom sealed sample for clearance of import consignments of livestock

The CBIC for ease of doing business has relaxed the requirement for submitting custom sealed sample for clearance of import consignments of livestock under no testing category.

CBIC revises the tariff value for gold and silver

The amendment has revised the Tariff value for import of materials including palm oil, palmolein, gold, silver, medallion, and few categories of seeds and nuts.

DGFT restricts the import of power tillers.

The Director General of Foreign Tarde on 15th July 2020 has notified the procedure to implement the restriction imposed on import of Power Tillers and for authorization of import the following conditions shall be followed. …

DGFT amends the Export Policy of Textile Raw Material for Masks and Coveralls

only non-woven fabric of 25 to 70 GSM and melt-blown fabric of any GSM exported against the HS codes 560312, 560392 is prohibited for export. All other non-woven fabrics with GSM other than 25-70 GSM …

The CBIC issues new measures under the ‘Turant Customs’ program

The Central Board of Indirect Taxes & Customs has issued new measures under the flagship of ‘Turant Customs’ program with a view to further prepare the ground for applying the reforms pan-India.

DGFT Extends the validity of Pre-shipment Inspection Agencies till 30th September 2020

The DGFT has extended the validity of recognition of the Pre-shipment Inspection Agencies (PSIAs) who have completed their tenure of three years as on date or whose validity was extended up to 30th June 2019 …

DGFT develops a new digital platform for import export code related service

The Directorate General of Foreign Trade has, as a part of the initiative to revamp its service delivery mechanisms to promote and facilitate foreign trade, has launched a new digital platform on 13th July 2020 …

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