Import/Export Industry Notifications

The RoDTEP scheme came into effect on January 1st; however, lack of clarity is hampering sector’s ability to price. Exporters’ fret over an immoderate delay in notification of the rates under a new WTO-compliant scheme for rebating taxes and duties to the export sector.

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On Tuesday, a senior government official said that the shortage of containers had been eased, with 58% additional exports being managed in March year-on-year.

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The Food Safety and Standards Authority of India (FSSAI), on Tuesday, explained that import clearance and testing services of notified laboratories are essential services during the prevailing Covid pandemic conditions.
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On Tuesday, Commerce Secretary Anup Wadhawan said that the country's exports are reviving, and the shipments are expected to be in the "solid" positive territory in this financial year.

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SRTEPC chairman Dhirubhai Shah appeals to Piyush Goyal to support India’s fragile MMF exports by refunding IGST, MEIS, and DBK benefits. Also, requests for an early announcement of RoDTEP rates.

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In view of Covid-19, the Government of Tamilnadu has imposed certain restrictions, vide their press release No: 219 dated 18.04.2021, with effect from 20.04.2021 onwards from 22:00 hrs to 04:00 hrs with the existing lockdown, including complete lockdown on Sundays.

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In exercise of the powers conferred under Section 2 of the Epidemic Diseases Act, 1897 and the powers conferred under The Disaster Management Act, 2005, the undersigned, in his capacity as Chairperson, State Executive Committee, hereby issue some directions that will remain in force throughout the state of Maharashtra from 8 PM on 20th April 2021 till 7 AM on 15th May 2021.

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Based on the Core Group for COVID 19 Management meeting, some of the directions/ guidelines are issued to contain the Covid pandemic in the state.

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Air cargo’s final March figures show a year-on-year (YoY) worldwide growth of 21%. YoY change on March 1-15, 2021, stood at -0.2%, but the YoY growth in the second half of the month was +44%, a clear reminder that the first lockdown started to bite air cargo by mid-March 2020. As the cautious recovery of early 2021 (+1.1% YoY for the first two months) was halted in the first half of March (-0.2% YoY), the question arises whether the second half reversed the trend again.

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