DGFT – Director General of Foreign Trade

IDGFT - Director General of Foreign Trade Directorate General of Foreign Trade (DGFT), formerly known as the Chief Controller of Imports and Exports (CCI&E), is India’s official administrating body for imports and exports. It is an attached office of the Department…

Foreign Trade Policy

Foreign Trade Policy The Foreign Trade Policy (FTP) was introduced by the Government to grow the Indian export of goods and services, generating employment and increasing value addition in the country. The Government, through the implementation of the policy, seeks…

Import of Pets into India

Import of Pets into India For the endearing pet lover, owning a pet is akin to befriending someone, so much so that pets are considered as an integral part of the household. The Indian laws allow the import of pets,…

Export Inspection Agency

Export Inspection Agency Export Inspection Agency is an entity approved and administered by the Export Inspection Council for the purpose of inspecting the commodities that are meant to be exported, as well as to co-ordinate with the council in its…

IE Code Application

IE Code Application More and more SMEs are becoming global in terms of doing business due to the growth in e-commerce platforms, cloud computing technology and strong logistics network. Today, a business in the India is easily able to sell…

Customs Duty – Self Assessment

Customs Duty - Self Assessment Self-assessment is one of the pivotal clearance methods which was brought in by customs authorities to ease import procedures and expedite its clearance.  Self-assessment formalities and procedures are applicable in large customs base locations for…

Anti-Dumping Duty India

Anti-Dumping Duty India Dumping, in business parlance, means the exporting of a company’s goods at a price which is lower than the average selling price in the domestic market. Anti-dumping duty was introduced with the objective of curbing the ill…

E-MPS Facility – Make Online DGFT Payment

E-MPS Facility - Make Online DGFT Payment The Directorate General of foreign trade (DGFT) has launched the concept of the e-MPS facility to support, ease and promote online payments for various applications made with the DGFT department. By facilitating online…

Customs Clearance Procedure

Customs Clearance Procedure in India Import and export of goods into and outside a country should undergo a customs clearance process. The importer and exporter of the goods should submit valid documents to clear this process. In this article, we…

Export Bond for GST & Letter of Undertaking

Export Bond for GST & Letter of Undertaking Entities involved in export of goods having GST registration are allowed to export goods without payment of IGST by furnishing an export bond or Letter of Undertaking (LUT) in Form GST RFD-11.…