Import/Export Industry Notifications

The advisory on the ICEGATE makes it clear that the entitlement shown is only notional. The system currently is not giving correct entitlement. With a view to ensuring the flow of data, a dummy entitlement is calculated.

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In exercise of the powers conferred by clauses (b) and (c) of sub-section (1) of section 7 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs hereby makes further amendments in the notification of the Government of India in the Ministry of Finance, No. 63/1994- Customs (N.T.), dated the 21st November 1994.

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The Director-General of Foreign Trade (DGFT) has launched an online module for adjudication, appeal, and review under the Foreign Trade Development & Regulation Act, 1992, (FTDR Act) and the Foreign Trade Development and Regulation Rules, 1993, (FTDR Rules).

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Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Sunday demanded the government to allow duty and taxes free cotton yarn import from India through the Wagah border.

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The Food Safety and Standards Authority of India is doing commendable work regarding securing food safety. Among the various initiatives by the Authority in recent times is FoSCoS that aims at easing the licensing and registration procedure for Food Business Operators. The Authority is also making relentless efforts to update the standards to international levels, improve food testing by setting up new labs and upgrading workforce and other resources, focusing on ease of doing business for FBOs.

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Trade through the Integrated Check Post (ICP) Attari, located at the India-Pakistan border in Amritsar, has dipped to a nine-year low for 2020-21 fiscal (till January) at ₹2,277 crores. The ICP facilitates India’s trade with Pakistan and Afghanistan and passengers' movement from India to Pakistan and vice-versa.

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The Jammu and Kashmir government establishes the first-ever freight terminal expected to provide enhanced freight transportation and warehousing services.

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The Sittwe deep-water port off the west coast of Myanmar, a part of the $484 million Kaladan multimodal project constructed by India, is now ready for operation, Union shipping minister Mansukh Mandaviya said. The project aims to reduce the cost and time for transporting goods, including essentials, to landlocked Mizoram.

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Prime Minister Narendra Modi has invited foreign investors to participate in a massive projected investment of $82 billion in the Sagarmala programme, including ports, port connectivity, port-led industrial development and coastal community development.

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