DGFT News

On December 8 last year, the government banned exports of onion until March 31 this year to increase domestic availability and keep prices in check. 

 Importers can request multiple authorizations, and these authorizations will remain valid until September 30, 2024.

The government had earlier taken measures in August, imposing a 40 percent duty on onion exports until December 31, 2023.

A few months, the Central government decided to put an import ban on laptops from the October end. However, it postponed the decision after an uproar by industry players and traders. 

In yet another setback for China, the Government of India has made the random sampling of all imported light-emitting diodes (LED) and control gears for LED products mandatory. According to a new notification issued by the Director-General of Foreign Trade (DGFT), now all LED products being imported from other countries will be subjected to stringent quality tests. The government wants to discourage imports from China and the latest move is being seen as a step in that direction.

India has now imposed restrictions on the import of colour television sets from China The move is aimed at boosting local production It is also in line with Prime Minister Narendra Modi’s ‘Vocal For Local’ call The import of TVs in certain categories will now require a licence from the government

With an aim to strengthen processing of export transactions of taxpayers under GST, Goods and Services Network (GSTN) has signed an MoU with the commerce ministry for sharing of foreign exchange realisation and import-export code data.

Senior IAS officer Ajay Kumar Bhalla was on Thursday appointed as Director General of Foreign Trade (DGFT).

In a move towards easing of doing business in the country, the government has done away with the norm that mandates exporters to submitting the landing certificate of goods to avail benefits under Merchandise Exports India Scheme (MEIS). 

Exporters have been relieved from submitting the landing certificate of goods to avail benefits under the Merchandise Exports India Scheme (MEIS), a move aimed at facilitating ease of doing business.

 Concerned over rising pulses prices, the government is considering to closely monitor imports of lentils by private traders.

The government has relaxed norms for import of high-speed diesel and light diesel oil through old ships and vessels that are coming to India for the purpose of breaking.

India is likely to miss the exports target of USD 340 billion set for 2014-15, falling short of the mark by almost 8 percent at around USD 314 billion, a top official said.

The government on Friday further reduced the minimum export price (MEP) of edible oil in branded consumer packs of up to five kg to USD 900 per tonne, a move which would help in boosting outward shipments of the commodity.