The Order is made under section 3, read with section 4, of the Act. Clause 3(1) says "Nothing contained in the Rules shall apply to the import of any goods" in the listed cases, items (a) to (s); clause 3(2) says the same for the listed exports, items (a) to (k). It is an exemption from the Rules...
Read Complete Guide →The Policy is notified by the Central Government under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (paragraph 1.00). It came into force on 1 April 2023 and continues until specified otherwise or amended (paragraph 1.01). The Handbook of Procedures is notified by the...
Paragraph 1.06 names the National Committee on Trade Facilitation and lists the pillars of the Trade Facilitation Agreement. Paragraph 1.08 says export consignments shall not be withheld or delayed for any reason by any agency of the Central or State Government, and an undertaking from the exporter...
Under paragraph 1.07(A) the Central Government may seek views, suggestions, comments or feedback from stakeholders when it formulates or amends the Policy, and, to the extent possible, 30 days may be given. It may still act on its own. Under paragraph 1.07(B) it may, to the extent possible and if...
Every facility in paragraphs 1.12 to 1.20 is online and sits on the DGFT portal. An e-IEC is issued on the DGFT website (paragraph 1.13), e-RCMC processes run on a common digital platform (paragraph 1.14), and each e-Certificate of Origin carries a UDIN and a QR code (paragraph 1.15). The Handbook...
The e-BRC lets the DGFT capture details of realisation of export proceeds directly from banks in secured electronic mode (paragraph 1.17(a)). The Reserve Bank's EDPMS monitors export of goods and software, and its data held in the DGFT system can be used by exporters on the DGFT portal (paragraph...
Paragraph 1.21 lists thirteen heads of Customs facilitation, from round-the-clock clearance to Direct Port Delivery. Paragraph 1.22 describes the AEO programme and its benefits, and says MSMEs are covered. Paragraph 1.23 lets towns producing goods of Rs. 750 Crore or more (Rs.150 Crore for...
Any exporter of goods, services or technology with an Importer Exporter Code can be recognised as a status holder on export performance in the current and preceding three financial years (two preceding years for gems and jewellery). The categories run from One Star (USD 3 million) to Five Star (USD...
A status holder may get authorisations and Customs clearances on self-declaration, norms fixed on priority within 60 days, and exemption from Bank Guarantee for schemes under the Policy unless specified otherwise (paragraph 1.29). Two Star and above may set up export warehouses. Three Star and...
The application is filed online in ANF 1B with the jurisdictional Regional Authority (paragraph 1.08). A new certificate is valid for 5 years from the date on which the application was filed (paragraph 1.09(b)). Records are kept for two years from the date of grant (paragraph 1.10). The Regional...
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