Measures taken by the Government to promote exports by small and medium Pharmaceutical manufacturers

For technology up-gradation to Micro and Small Enterprises in the pharma sector, Ministry of Micro, Small & Medium Enterprises (MSME) is running Credit Linked Capital Subsidy Scheme (CLCSS) under which Micro and Small Enterprises are entitled to take loan upto Rs. 1.00 crore with 15% subsidy.  Drugs for sale or for export are manufactured under … Read more

The gap, between value of import and export, that is Trade deficit, has also increased during 1990-91 to 2013-14

Foreign Trade  The foreign trade (export+import) has increased from 42 billion US $, in 1990-91 to 765 billion US$ in the year 2013-14 with an annual average growth rate of 13.42% and has increased 18 folds during the period.  The gap, between value of import and export, which is Trade deficit, has also increased during … Read more

DGFT postponed the procedure for export of Certified Organic Products till further orders

To be published in the Gazette of India Extraordinary Part-I, Section-I Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade         3.  Effect of this Public Notice:   Procedure for export of Certified Organic Products has been deferred till further orders.     Director General … Read more

Rate of exchange of conversion of each of the foreign currency with effect from 19th December, 2014

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3,   GOVERNMENT OF INDIA   DEPARTMENT OF REVENUE   NOTIFICATION   DATED THE 18th December, 2014     SCHEDULE-I Foreign Currency currency equivalent to Indian rupees (2)   (a) (For Imported 1. 52.35 2. 172.75 3. 55.05 4. 10.65 5. 79.15 6. 8.25 7. … Read more

Norms for Execution of Bank Guarantee in respect of Advance License/Export Promotion Capital Goods (EPCG) Schemes

F.No.605/144/2013-DBK Government of India Ministry of Finance, Department of Revenue Central Board of Excise& Customs Drawback Division       New Delhi, dated the 18th December, 2014   To All Chief Commissioners of Customs / Customs (Prev)/ Central Excise & Customs, All Directors General of CBEC / Chief Commissioner (AR), CESTAT, All Commissioners of Customs/Customs (Prev)/Customs & Central Excise/Commissioners … Read more

Re-warehousing of goods imported and/or procured indigenously by EOU/EHTP/STP/BTP units

Circular No.16/2014-Customs F.No. 605/75/2014-DBK Government of India Ministry of Finance, Department of Revenue Central Board of Excise& Customs Drawback Division     New Delhi, dated the 18th December, 2014   To All Chief Commissioners under CBEC All Directors General under CBEC / Chief Commissioner (AR), CESTAT All Commissioners under CBEC.   Madam/Sir,   Subject:  Re-warehousing of goods imported and/or … Read more

Authentication of supply invoice/ ARE-3 by the Central Excise Authorities for Claiming Deemed export benefits

Circular No.17/2014-Customs   F.No.605/75/2014-DBK Government of India Ministry of Finance, Department of Revenue Central Board of Excise& Customs Drawback Division     New Delhi, dated the 18th December, 2014   To All Chief Commissioners under CBEC All Directors General under CBEC / Chief Commissioner (AR), CESTAT All Commissioners under CBEC.   Ma’am/Sir,   Subject:  Authentication of supply invoice/ ARE-3 … Read more

Amendments in Notification No. 36/2001-Customs (N.T.), dated the 3rd August, 2001

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUB-SECTION (ii)] Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs)   Notification No.114/2014 – Customs (N. T.)   New Delhi, 15th December, 2014 24  Agrahayana, 1936 (SAKA)   S.O. … (E).– In exercise of the powers conferred by sub-section … Read more

Exemption from the duties of Customs to goods imported for donation for the relief and rehabilitation of people affected by the floods in the State of Jammu and Kashmir up to 31st March 2015

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]   GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)   New Delhi dated the 11th December, 2014   Notification No. 33/2014-Customs   G.S.R.   (E).-   In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, … Read more

Anti-dumping duty on imports of Clear Float Glass originating in or exported from Pakistan, Saudi Arabia and United Arab Emirates (UAE)

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]   GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)   Notification No. 48/2014-Customs (ADD)   New Delhi, the 11th December, 2014               G.S.R.     (E). – Whereas in the matter of imports of Clear Float Glass of nominal thicknesses ranging from 4mm … Read more