Commerce and Industry Minister Piyush Goyal on Tuesday said the government will train about 1,000 local personnel in regional languages to support exporters at the district and state levels. He also announced…
The government has exempted small exporters from the requirement of obtaining a Registration-cum-Membership Certificate (RCMC) for consignments valued up to Rs 3 lakh, the Ministry of Commerce and Industry announced on September…
The government has ordered importers of raw sugar under the Tariff Rate Quota scheme to convert and sell the refined sugar in the domestic market within two months of filing the bill…
The government has revised raw sugar import rules under the Tariff Rate Quota scheme. Importers must now process raw sugar into white or refined sugar and sell it in the domestic market…
The Union government has immediately moved wheat, atta, maida, semolina, wholemeal atta and resultant atta from the “prohibited” to the “free” export category. The Directorate General of Foreign Trade issued two notifications…
The government has amended the Foreign Trade Policy to let exporters invoice overseas sales and receive payments in Indian rupees, aligning rules with RBI regulations issued in 2023. For countries outside the…
India has permitted the duty-free import of one million tonnes of raw sugar under a tariff rate quota (TRQ) regime to tame soaring domestic sugar prices and food inflation. The move comes…
The government has amended the Foreign Trade Policy to allow exporters to denominate contracts and receive payments in rupees for exports to all countries outside the Asian Clearing Union (ACU), except Nepal…
The Directorate General of Foreign Trade (DGFT) has scrapped the requirement for exporters to submit physical duty payment challans when applying for Export Obligation Discharge Certificates (EODC) under the Advance Authorisation and…
A Rajya Sabha commerce committee has urged the government to conclude the proposed India-US Bilateral Trade Agreement quickly, while protecting Indian exporters. It recommended seeking complete exemption from future US tariff increases…
