Benefits of IE Code Registration

 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…

Marine Products Export Development Authority

Marine Products Export Development Authority In 1972, Government of India (GoI) introduced Marine Products Export Development Authority (MPEDA) to diversify aquaculture, promote marine product industry for exports, regulate exports of marine products, ensure sustainable and quality in the production of…

GST – Goods Sent for Exhibition

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…

eSANCHIT

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, uploading of supporting documents, to facilitate the trading across the borders. It has already been made available to…

EDI System – DGFT

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…

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…

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…