CBIC allows import, export of goods without furnishing Customs bond
NEW DELHI : The Central Board of Indirect Taxes and Customs (CBIC) on Saturday allowed businesses to import and export goods without furnishing bonds to the Customs authorities until June-end, a move aimed at
India’s Trade Performance Resilient during 2020-21 : Commerce Secretary
Cumulative value of overall exports (merchandise & services) during April-March 2020-21 estimated at USD 493.19 Billion NEW DELHI : The Indian Economy has shown significant resilience amidst the global pandemic and trade shock that
HMSI’s new‘Overseas Business’ vertical to make India an export hub
HARYANA : Honda Motorcycle & Scooter India (HMSI) on Thursday said it had established an ‘Overseas Business’ expansion vertical for spearheading the company’s efforts of making Indian an export hub. “This major organisational restructuring
DGFT should be rechristened to something more facilitative: Piyush Goyal
NEW DELHI : Commerce and business minister Piyush Goyal on Monday mentioned he has recommended that the Directorate Normal of International Commerce be rechristened to “one thing extra facilitative, one thing extra collaborative”. Whereas
Regulations tightened for identity verification of exporters, importers & CHAs
New Delhi : The government has notified verification regulations named Customs (Verification of Identity and Compliance) Regulations, 2021, for new importers, exporters and customs brokers. The Customs (Verification of Identity and Compliance) Regulations, 2021,
RBI’s lower interest rates need to be transmitted to end customers : EEPC India
MUMBAI :While Reserve Bank of India’s lower interest rate regime is intended at supporting growth, steps need to be taken for full transmission of the rates to the exporters and end customers at large.Export
DGFT to go fully digital, contactless, faceless, paperless: Commerce Secretary
NEW DELHI : The Directorate General of Foreign Trade (DGFT) will soon be completely digitised with the rollout of newer IT systems in a phased manner, enabling virtual offices to be created that are
FIEO launches “Container Demand e-module” to address containers unavailability
NEW DELHI : To facilitate assessment of containers requirement as well its fulfilment, FIEO has developed a first level marketplace wherein exporters can post their container demands online. The e-module will help in ground