Obavijesti industrije uvoza/izvoza

The Israeli ports of Ashdod and Askelon have reportedly been closed as rockets fell near two general cargo ships during escalating violence between Israelis and Palestinians. Maritime security Dryad Global said the incidents were "indiscriminate" but warned that port and shipping infrastructure might become targets of any protracted struggle between Jews and Arabs in Israel.

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Special Refund and Drawback Disposal Drive from 15.05.2021 to31.05.2021 –reg.

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The Jawaharlal Nehru Port Trust (JNPT) has suspended vessel berthing at Nhava Sheva port, anticipating cyclone Tauktae by late Saturday night, and instructed ships at berth to sail out. Industry executives said they expect berthing at Nhava Sheva port--the country’s busiest seaport—to remain suspended for at least the next two days, which could delay schedules for shipping lines.

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95 trucks carrying various items of goods entered Bangladesh from India, while 42 trucks of goods entered India from Bangladesh this morning to noon, sources at the Benapole Port said. Import and export between Bangladesh and India through Benapole land port resumed on 16th May 2021 after closure for three days on the occasion of Eid-ul-Fitr, the largest religious festival of Muslims.

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India is yet to enforce the award of $7.16 million awarded by an arbitral tribunal in September 2018 against French shipping firm Louis Dreyfus Armateurs SAS relating to a failed cargo terminal contract at state-owned Kolkata Port Trust (now Syama Prasad Mookherjee Port Trust).

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Services exporters have requested the government to release benefits under a key scheme for FY20 at the earliest, as the sector has been gasping for liquidity in the wake of the Covid-19 pandemic. The SEIS was introduced in the Foreign Trade Policy (FTP) for 2015-20; the validity of the FTP has now been extended up to September 2021.

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JNPT on Saturday said it has planned to sail out all the vessels at berth by 11.00 pm on May 15, while all inward shipping movements will remain suspended till easing of weather conditions as part of various mitigating following a cyclone warning.

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Merchandise exports mounted a record 196% year-on-year in April, driven mainly by a good base, as the country had witnessed a Covid-induced lockdown throughout April last year. However, what comes as a pleasant surprise is that even in absolute terms, exports in April stood at $30.6 billion, up almost 18% from the same month in 2019 (before the pandemic struck).

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A senior trade official said on Friday that the government might finally notify the refund rates for taxes paid on exported goods by the end of this month. Almost five months since the introduction of the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme with the delay affecting exporters’ pricing strategies.

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