IndiaFilings Tags
Post by: Mansi Sawant in Import - Export
IE Code Importance Any business wanting to commence with the import and export in India require an IE Code. The Director-General of Foreign Trade issues the Import Export Code and is essentially a 10 digit code with lifetime validity. The…
Post by: Arnold Thomas in GST
GST – Goods Sent for Exhibition Due to a lot of confusion prevailing in the trade and industry about, documentation and tax applicability of goods sent/taken out of India for exhibition or on a consignment basis for export promotion, recently…
Post by: Bennisha in Import - Export
eSANCHIT The Central Board of Indirect Taxes and Customs has launched eSanchit (e-Storage and Computerized Handling of Indirect Tax documents), used for paperless processing and uploading supporting documents to facilitate trading across borders. It has already been made available to…
Post by: Bennisha in Import - Export
EDI System - DGFT DGFT has established a secured EDI message exchange system for various documentation-related activities, including import and export Authorisations that are set up with other departments such as Customs, Banks, and EPCs. This has reduced the link…
Post by: Sreeram Viswanath in Import - Export
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…
Post by: Sreeram Viswanath in Import - Export
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…
Post by: IndiaFilings in Import - Export
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…