Acceptance of e-BRC of DGFT towards proof of realization of sale proceeds for exports with LEO date upto 31.03.2014 under drawback scheme

  Circular No. 6/2017-Customs F.No. 609/03/2017-DBK Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs New Delhi, the 28th February, 2017 To Principal Chief Commissioners / Principal Directors General Chief Commissioners / Directors General Principal Commissioners & Commissioners, all under CBEC Sir/Madam, Subject: Acceptance of e-BRC of DGFT towards proof of realization of sale proceeds for exports with LEO date upto 31.03.2014 under drawback scheme –reg. Attention is invited to Board’s Circular No. 5/2009-Customs dated 2.2.2009 which prescribes Bank Realization Certificate (BRC) as one of the documents that may be submitted to Customs by the exporters as proof of realization of sale proceeds for exports. Further, for exports with LEO date from 01.04.2014 onwards, an electronic system of reconciliation of sale proceeds (RBI-BRC module)

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DGFT corrects product description in MEIS Schedules

  Amendments in Product Description in MEIS Schedule-Table 2 of Appendix 3B. F. No. 01/61/180/178/AM17/PC-3. Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade New Delhi Public Notice No. 44/2015-2020, Dated: November 15, 2016 Subject: Amendments in Product Description in MEIS Schedule-Table 2 of Appendix 3B. In exercise of powers conferred under paragraph 1.03 of the Foreign Trade Policy 2015-2020, the Director General of Foreign Trade hereby makes the following amendments in description of products in Table 2 of Appendix 3B (notified through Annexure to Public Notice No. 2 dated April 1, 2015 and subsequently amended through Public Notice No. 27 dated July 14, Public Notice No. 28 dated July 16, Public Notice No. 44 dated October 29 of 2015 and Public Notice No.6 dated May 4, Public

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DGFT rectifies errors in Public Notice No. 27 & 29/(2015-2020)

  Ministry Of Commerce and Industry Department Of Commerce Directorate General of Foreign Trade Public Notice No. 35/(2015-2020) New Delhi: Dated The- 28th September, 2016 Subject: Amendments in Public Notice No. 29/2015-2020 dated 08.09.2016 and in Public Notice No 27 dated 31.08.2016. In exercise of powers conferred under Paragraph 1.03 of the Foreign Trade Policy 2015-2020, as amended from time to time, the Director General of Foreign Trade makes the following amendments: 2. In the Public Notice No. 29 dated 08.09.2016, the date 14.02.2013 mentioned in first sentence of the Effect of Public Notice is corrected to read as 14.02.2014 3. The entry at Serial No. 10 in Appendix 4J mentioned inPublic Notice No. 27 dated 31.08.2016 related to ‘Export Obligation Period for Special Advance Authorization Scheme for export of articles of apparel and

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Inclusion of new Regional Office of DGFT at Belagavi, Karnataka

  Ministry Of Commerce and Industry Department Of Commerce Directorate General of Foreign Trade Public Notice No. 36/(2015-2020) New Delhi: Dated The- 28th September, 2016 Subject’. – Inclusion of new Regional Office of DGFT at Belagavi, Karnataka in Appendix – 1 A of Foreign Trade Policy, 2015-20. In exercise of powers conferred under paragraph 2 04 of the Foreign Trade Policy, 2015-2020, the Director General of Foreign Trade hereby includes the new Regional Office of Directorate General of Foreign Trade (DGFT) at Belagavi, Karnataka at S. No.38 (A) of Appendix – 1 A of Foreign Trade Policy, 2015-20, as per details below S.No. Name and Address Territorial Jurisdiction 2 3 38(A) The Deputy Director General of Foreign Trade, Ground Floor, Belagavi Permanent Exhibition Complex, Autonagar, Kanabaragi  Industrial Area, Belagavi, Karanataka 590015

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DGFT permits export of 723 MT of raw cane sugar to US

  (To be published in the Gazette of India Extraordinary Part-I Section-I) Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan Public Notice No.66/2015-2020 New Delhi, the Dated: 21 March, 2016 Subject:- Allocation of additional quantity for export of sugar to USA under Tariff Rate Quota (TRQ). In exercise of the powers conferred under Paragraphs 2.04 of the Foreign Trade Policy, 2015-2020, the Director General of Foreign Trade hereby allocates an additional quantity of 723 MTs (Seven Hundred and Twenty Three metric tons) of raw cane sugar (at 98 degree pol), out of non-levy (Free Sale) quota for export under Tariff Rate Quota (TRQ) to USA for the US fiscal year 2016 (October 1, 2015 to September 30, 2016). 2. As per Notification No. 3/2015-20 dated 20.04.2015,

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Harmonising MEIS Schedule / Table with MEIS Rate Product wise

  MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) PUBLIC NOTICE No. 61/2015-2020 New Delhi, the 7th March, 2017 Subject: Harmonising MEIS Schedule in the Appendix 3B (Table-2) with ITC (HS), 2017. No. 01/61/180/68/AM15/PC3.—TheDirectorate General of Foreign Trade has notified Indian Trade Classification (Harmonised System)- ITC(HS), 2017 in replacement of the ITC(HS), 2012 vide Notification No. 36/2015-2020 dated 17.1.2017. 2. In pursuance to the above, in exercise of powers conferred under paragraph 1.03 of theForeign Trade Policy (2015- 2020), the Director General of Foreign Trade hereby re-notifies the MEIS Schedule, Appendix 3B (Table-2) which shows the existing HS Codes, their description and rates of MEIS applicable with corresponding 2017 HS Codes and description of goods/products. The same is available in the DGFT’s website: dgft.gov.in. 3. This is a consolidated list of all items under MEIS

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Reg. Export & re-import of cut & polished diamonds at zero duty

  Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Notification No. 39/2015-2020  New Delhi, Dated:22 February , 2017 Subject: Amendment in Para 4.44 of Chapter 4 of the Foreign Trade Policy(FTP) 2015-20 S.O. (E): In exercise of powers conferred by Section 5 of FT (D&R) Act, 1992, read with paragraph 1.02 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby makes following amendments in para 4.44 of Chapter 4 of Foreign Trade Policy 2015-20. 1. The existing Para 4.44 of FTP 2015-20 reads as under: 4. 44 Export of Cut & PolishedDiamonds with Re-import Facility at Zero Duty “ An exporter (with annual export turnover of Rs 5 crores for each of the last three years) may export cut & polished diamonds

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Export Policy of Potato – Removal of Minimum Export Price(MEP) on export of potatoes

  (To be Published in the Gazette of India Extraordinary Part II Section 3, Sub Section (ii)) Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan Notification No. 32/2015-2020 New Delhi, Dated the 27 December, 2016 Subject: Export Policy of Potato — Removal of Minimum Export Price (MEP) on export of potatoes regarding. S.O.(E) In exercise of the powers conferred by Section 5 of the Foreign Trade (Development& Regulation) Act, 1992 (No.22 of 1992), as amended, read with Para 1.02 of the Foreign Trade Policy, 2015-2020, the Central Government hereby makes the following amendments with immediate effect in Notification No. 15/2015-20 dated 26.07.2016 read with Notification No. 85(RE-2013)/2009-2014 dated 26th June, 2014 relating to export of potatoes. 2. Para 1 of Notification No. 15/2015-20 dated 26.07.2016

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Amendment to Master Direction (MD) on KYC

  RBI/2016-17/176 DBR.AML.BC. No. 18/14.01.001/2016-17 December 8, 2016 All Regulated Entities (REs) Dear Sir/Madam, Amendment to Master Direction (MD) on KYC In exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949 and section 35A read with section 56 of that Act, Rule 9 (14) of the Prevention of Money Laundering (Maintenance of Records) Rules, 2005 and all other laws enabling the Reserve Bank in this behalf, the Reserve Bank makes the following amendments, with immediate effect, in the Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016 (Master Direction No.DBR.AML.No.81/ 14.01.001/2015-16 dated February 25, 2016) (hereinafter referred to as the Principal Directions), namely, : i. Explanation to Section 3(a)(ii)d pertaining to ‘definition of beneficial owner in case of trust’ which reads as “Explanation: Term

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Continuation of Minimum Import Price (MIP) on 19 HS Codes of Iron and Steel under Chapter 72 of ITC (HS), 2012 – Schedule -1 (Import Policy): amendment in import Policy Conditions

  To be published in the Gazette of India Extraordinary Part-II, Section – 3, Sub-Section (ii) Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan Notification No31/2015-2020 New Delhi, Dated: 03rd December, 2016 Subject: Continuation of Minimum Import Price (MIP) on 19 HS Codes of Iron and Steel under Chapter 72 of ITC (HS), 2012 —Schedule — 1 (Import Policy): amendment in import Policy Conditions. S.O. (E): In exercise of powers conferred by Section 3 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby extends the applicability of Minimum Import Price (MIP) beyond 04/12/2016 on 19 HS Codes as specified in the Annex

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