Amendments to Hand Book of Procedures 2015-20: Public Notice 26/2015-2020 dated 20th
September, 2017 -
a) Para 4.06 of chapter 4 of HBP 2015-2020:
The Directorate General of Foreign Trade had notified the Harmonised MEIS Schedule in Appendix 3B vide Public Notice NO.61 dated on 07.03.2017. Some of the ITC (HS) 2012 Codes eligible under MEIS were not notified.
In exercise of powers conferred under Foreign Trade Policy (2015-2020), the Director General of Foreign Trade has notified the MEIS Schedule, Appendix 3B (Table-2) for the ITC(HS) Codes vide Public Notice 17/2015-2020, Dated the 22nd August, 2017 that were not included...
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The higher All Industry Rates (AIRs) under Duty Drawback scheme has been continued for a transition period of three months i.e.1.7.2017 to 30.9.2017 (Circular No. 22/2017-Customs dated 30.6.2017).
CBEC has issued circular 33/2017- Customs to clarify certain aspects regarding claiming higher rate of duty draw back. Few important aspects are listed below:
Changes in IEC with the introduction of GST: (Trade notice number 09 dt 12.06.2017)
With the introduction of GST, the GST Identification Number (GSTIN) would be used for the following purposes:
As the above requirement is fulfilled on transaction-level it has been decided that only GSTIN is required to be mentioned at the time of import and export of goods.
Further,...
Read moreDepartment of Commerce, vide notification No.34/2015-20 dated 29-01-2016 had simplified the IEC application procedure with effective from the date of the said notification.
Central Government issued the above notification to amend the existing para 2.05 (c) of Foreign Trade Policy (2015-20) and further introduces a new provision, part (d) under para 2.05.
Existing policy: following are the requisite details /documents (scanned copies) to be submitted/ uploaded along with the...
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