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The Goods and Services Network(GSTN) has signed a Memorandum of Understanding (MoU) with Directorate General of Foreign Trade (DGFT) for sharing of foreign exchange realisation and Import Export code data, a move that is expected to strengthen processing of export transactions of taxpayers under GST, increase transparency and reduce human interface.

The Directorate General of Foreign Trade (DGFT) from time to time issues notifications for fixation or addition of SION for different export products. The DGFT via notification no.,41/2015-2020 dtd 2nd Nov 2016 made the following ammendments in Standard Input Output Norms (SION) in food products.

Directorate General of Foreign Trade (DGFT) is likely to have a new Chief soon, according to sources.

The Federation of Indian Export Organisations (FIEO) on Sunday met the Director General of Foreign Trade (DGFT) in New Delhi and suggested a slew of measures to boost export in the current fiscal which is set to show marginal decline in 2009-10.

Alok Vardhan Chaturvedi (IAS), Additional Secretary in the Department of Commerce, Ministry of Commerce and Industry, has taken the additional charge of the Directorate General of Foreign Trade (DGFT), after Ajay Kumar Bhalla was assigned to the Ministry of Power on June 30.

The major trading hub of Andhra Pradesh, Vijayawada city is now the new Regional office of the Directorate General of Foreign Trade (DGFT).

Directorate General of Foreign Trade (DGFT) has issued Public Notice 70/ 2015-20 dated 30th January,2019 to amend Para 4.38 of the Handbook of Procedure 2015-20 relating to Facility of Clubbing of Authorisations.

Commerce and Industry Minister, Anand Sharma on Tuesday said that the government will take a considered view on further export support measures and that the Directorate General of Foreign Trade (DGFT) carrying out a sectoral review on exports.

On February 5th the DGFT in a notification no., 38/2015-2020 said, that the Central Government had introduced MIP for six months against 173 HS Codes(iron and steel products).

The Customs makes changes in IEC that would come into effect with the introduction of the Goods and Services Tax scheduled to be implemented from July 1.

Worried over declining exports, the government has extended duty incentives to 2901 new lines to the already existing 5012 lines. Earlier in Oct 2015, the Government had added 110 new lines under MEIS.

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To protect domestic producers of iron and steel from cheaper imports, the Directorate General of Foreign Trade has extended the Minimum Import Price (MIP) on 19 iron and steel products for another two months ie till February 4, 2017.

The prices of potatoes have shot off the roof in most parts of India for the past couple of months.

The DGFT in its notification no., 52/2015-2020 issued on Dec 30, 2016, has increased the quantity of sugar to 8424 metric tonnes

Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No.03/2019-Customs dated 31st January, 2019 to modify Circular No. 38/2018-Customs dated 18th October, 2018 to the extent, to allow the trade and industry to undertake certain operations such as Labelling/packing requirements etc. to fulfil a statutory obligation under legislations pertaining to legal metrology, FSSAI, DGFT, State Excise laws etc. in all Customs Bonded Warehouse without the requirement of taking permission under Section 65 of the Customs Act,1962.

A convocation ceremony is usually a gathering to felicitate exalted students, however, the one at the Indian Institute of Planning turned out to be different.

After receiving information that some jewellers had resorted to illegal transactions by selling gold to tax evaders who wanted to dispose off their unaccounted wealth, the central excise department got cracking on them. It has asked many jewellers to give a detailed account of the stock and sales made by them in the past four days.

At Amritsar today, the PM in his inaugural address at the 6th Ministerial Conference of the Heart of Asia Istanbul process on Afghanistan, reaffirmed India's commitment to helping Afghanistan achieve peace and economic stability.