Daily Updates

DGFT: Para 2.31(1 (b)) of the Foreign Trade Policy, 2023, Para 2 (C) of the General Notes regarding Import Policy and Policy conditions 2 of chapter 84, Policy Condition no. 5 & 7 of chapter 85 and Policy Condition no. 1 of chapter 94 of Import Policy (schedule 1) ITC HS 2022 have been amended in light of re-notification of “Electronics and Information Technology Goods (Requirement of Compulsory Registration) Order, 2012 as Electronics and Information Technology goods (Requirement of Compulsory Registration) Order, 2021 under BIS Act 2016 (22.05.2024)

DGFT: Para 2.31(1 (b)) of the Foreign Trade Policy, 2023, Para 2 (C) of the General Notes regarding Import Policy and Policy conditions 2 of chapter 84, Policy Condition no. 5 & 7 of chapter 85 and Policy Condition no. 1 of chapter 94 of Import Policy (schedule 1) ITC HS 2022 have been amended …

DGFT: Para 2.31(1 (b)) of the Foreign Trade Policy, 2023, Para 2 (C) of the General Notes regarding Import Policy and Policy conditions 2 of chapter 84, Policy Condition no. 5 & 7 of chapter 85 and Policy Condition no. 1 of chapter 94 of Import Policy (schedule 1) ITC HS 2022 have been amended in light of re-notification of “Electronics and Information Technology Goods (Requirement of Compulsory Registration) Order, 2012 as Electronics and Information Technology goods (Requirement of Compulsory Registration) Order, 2021 under BIS Act 2016 (22.05.2024) Read More »

Customs: Central Pollution Control Board (CPCB) has informed to release of imported consignments of producers of all the notified EEE items (106 EEEs items) after taking an undertaking as per prescribed format along with the proof of submission of the said undertaking to CPCB at the email till 30.06.2024.(24.05.2024)

Customs: Central Pollution Control Board (CPCB) has informed to release of imported consignments of producers of all the notified EEE items (106 EEEs items) after taking an undertaking as per prescribed format along with the proof of submission of the said undertaking to CPCB at the email till 30.06.2024. . [Instruction No 14/2024-Customs dated 17.05.2024]

Customs: As per Hazardous and Other Waste (Management and Transboundary Movement) Second Amendment Rules, 2023 dated 18.09.2023, effective from 1.04.2024 (23.05.2024)

Customs: As per Hazardous and Other Waste (Management and Transboundary Movement) Second Amendment Rules, 2023 dated 18.09.2023, effective from 1.04.2024, the Producers (who includes the Importers) involved in import of Base Oil/Lubrication Oil as well as Other Oils (used as lubricants) are required to obtain the registration from Central Pollution Control Board (CPCB) through online portal. …

Customs: As per Hazardous and Other Waste (Management and Transboundary Movement) Second Amendment Rules, 2023 dated 18.09.2023, effective from 1.04.2024 (23.05.2024) Read More »

DGFT: Inputs imported by Advance Authorisation holders, EOUs and SEZ are exempted from mandatory Quality Control Orders (QCOs). Accordingly, list of Ministries / Departments [ i.e. Ministry of Steel, Department for Promotion of Industry and Internal Trade (DPIIT) and Ministry of Textiles] are notified in Appendix 2Y of FTP, 2023 (14.05.2024)

DGFT: Inputs imported by Advance Authorisation holders, EOUs and SEZ are exempted from mandatory Quality Control Orders (QCOs). Accordingly, list of Ministries / Departments [ i.e. Ministry of Steel, Department for Promotion of Industry and Internal Trade (DPIIT) and Ministry of Textiles] are notified in Appendix 2Y of FTP, 2023 vide Notification No. 71/2023 dated …

DGFT: Inputs imported by Advance Authorisation holders, EOUs and SEZ are exempted from mandatory Quality Control Orders (QCOs). Accordingly, list of Ministries / Departments [ i.e. Ministry of Steel, Department for Promotion of Industry and Internal Trade (DPIIT) and Ministry of Textiles] are notified in Appendix 2Y of FTP, 2023 (14.05.2024) Read More »

DGFT: Ministry of Mines have been added in the list of Ministries/Departments under Appendix 2Y (The list of Ministries/Departments whose notifications on mandatory Quality Control Orders (QCOs), that are exempted by the DGFT for goods to be utilised/consumed in manufacture of export products) of FTP, 2023, with immediate effect. (14.05.2024)

DGFT: Ministry of Mines have been added in the list of Ministries/Departments under Appendix 2Y (The list of Ministries/Departments whose notifications on mandatory Quality Control Orders (QCOs), that are exempted by the DGFT for goods to be utilised/consumed in manufacture of export products) of FTP, 2023, with immediate effect. [Public Notice No 04/2024-25 dated 10.05.2024] …

DGFT: Ministry of Mines have been added in the list of Ministries/Departments under Appendix 2Y (The list of Ministries/Departments whose notifications on mandatory Quality Control Orders (QCOs), that are exempted by the DGFT for goods to be utilised/consumed in manufacture of export products) of FTP, 2023, with immediate effect. (14.05.2024) Read More »

DGFT: Provisions relating to the payment of 10% of CIF value and 3% of shortfall in FOB value amounts specified in Para 4.49(a) (ii) and 4.49(b) respectively of Handbook of Procedures, 2023 are applicable only in cases where Advance Authorization is issued on or after 01.04.2023. (08.05.2024)

DGFT: Provisions relating to the payment of 10% of CIF value and 3% of shortfall in FOB value amounts specified in Para 4.49(a) (ii) and 4.49(b) respectively of Handbook of Procedures, 2023 are applicable only in cases where Advance Authorization is issued on or after 01.04.2023. [Policy Circular No. 02/2024-25 dated 03.05.2024]

DGFT: Import of Yellow Peas under ITC(HS) Code 07131010 is “Free” without the MIP condition and without Port restriction, subject to registration under online Import Monitoring System, with immediate effect for all import consignments where Bill of Lading (Shipped on Board) is issued on or before 31.10.2024.(08.05.2024)

DGFT: Import of Yellow Peas under ITC(HS) Code 07131010 is “Free” without the MIP condition and without Port restriction, subject to registration under online Import Monitoring System, with immediate effect for all import consignments where Bill of Lading (Shipped on Board) is issued on or before 31.10.2024. [Notification No. 12/2024-25 dated 06.05.2024]

Customs: Principal Chief Commissioner or Chief Commissioner of Customs shall conduct annual review of the requirement of G-Card holders at every Customs station under his jurisdiction in Customs Clearance Facilitation Committee (CCFC) meetings with the stakeholders.(08.05.2024)

Customs: Principal Chief Commissioner or Chief Commissioner of Customs shall conduct annual review of the requirement of G-Card holders at every Customs station under his jurisdiction in Customs Clearance Facilitation Committee (CCFC) meetings with the stakeholders. Outcome of such review should also be discussed in the meeting of Customs Consultative Group (CCG). This will facilitate …

Customs: Principal Chief Commissioner or Chief Commissioner of Customs shall conduct annual review of the requirement of G-Card holders at every Customs station under his jurisdiction in Customs Clearance Facilitation Committee (CCFC) meetings with the stakeholders.(08.05.2024) Read More »

Customs: UAE has introduced an additional security feature to the CoO format, involving the inclusion of a password. (08.05.2024)

Customs: UAE has introduced an additional security feature to the CoO format, involving the inclusion of a password. This step aims to enhance the authenticity and genuineness verification process of CoOs issued by UAE under the India-UAE Comprehensive Economic Partnership Agreement. [Instruction No. 11/2024-Customs dated 01.05.2024]  

Customs: Customs tariff notifications is amended to exempt applicable import duty on imports of desi chana (HS 0713 20 20) up to 31.03.2025; to impose export duty of 40% on exports of Onions (HS 0703 10); to extend the specified condition of exemption to imports of Yellow Peas (HS 0713 10 10) to bill of lading issued on or before 31.10.2024.(08.05.2024)

Customs: Customs tariff notifications is amended to exempt applicable import duty on imports of desi chana (HS 0713 20 20) up to 31.03.2025; to impose export duty of 40% on exports of Onions (HS 0703 10); to extend the specified condition of exemption to imports of Yellow Peas (HS 0713 10 10) to bill of …

Customs: Customs tariff notifications is amended to exempt applicable import duty on imports of desi chana (HS 0713 20 20) up to 31.03.2025; to impose export duty of 40% on exports of Onions (HS 0703 10); to extend the specified condition of exemption to imports of Yellow Peas (HS 0713 10 10) to bill of lading issued on or before 31.10.2024.(08.05.2024) Read More »

GST: GSTN will be launching an enhanced version of the GST portal on 3rd May 2024. The effort is to improve user experience and ensure that the information needed is accessible and easy to navigate. (30.04.2024)

GST: GSTN will be launching an enhanced version of the GST portal on 3rd May 2024. The effort is to improve user experience and ensure that the information needed is accessible and easy to navigate. Key Enhancements Include: News and Updates Section: A dedicated tab for all news and updates. This section now includes a …

GST: GSTN will be launching an enhanced version of the GST portal on 3rd May 2024. The effort is to improve user experience and ensure that the information needed is accessible and easy to navigate. (30.04.2024) Read More »

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