Paper Import Monitoring System (PIMS)

Paper Import Monitoring System (PIMS) The Directorate General of Foreign Trade (DGFT) has introduced the Paper Import Monitoring System (PIMS) by amending the import policy of major paper products from ‘Free’ to ‘Free subject to compulsory registration under PIMS’. However,…

IEC Modification – Update IEC Yearly

IEC Modification - Update IEC Yearly The Importer Exporter Code (IEC) is a pivotal 10-digit identification number issued by India's Directorate General of Foreign Trade (DGFT), essential for businesses importing and exporting goods. It is a key for entering the…

Export of COVID 19 Rapid Antigen Testing Kits

Export of COVID 19 Rapid Antigen Testing Kits Directorate General of Foreign Trade (DGFT) has invited the application for the export of COVID-19 Rapid Antigen Testing Kits vides Trade Notice No. 16/2021-2022 dated 17th August 2021. DGFT has fixed the export…

Online E-Tariff Rate Quota System for Imports

Online E-Tariff Rate Quota System for Imports As part of the IT Revamp, the DGFT has introduced the Online E-Tariff Rate Quota System for Imports vide a Trade notification dated 4th February 2021. All applicants seeking Tariff Rate Quota (TRQ)…

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…

Import of Used Cars in India – Procedure and Guidelines

Import of Used Car into India Overview of the procedure and conditions for the import of used cars into India. A used car is a vehicle that's been sold, leased, or loaned prior to importation into India; or has been…