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DGFT amends product description in MEIS Schedule

The Dollar Business Bureau The Director General of Foreign Trade has made amendments to the description of products in its MEIS Schedule via public notice no. 44/2015-2020 dtd November 15, 2016. Surprisingly many products have been wrongly represented earlier. In the backdrop of the continued challenging global environment being faced by Indian exporters, the Department is taking active steps to help the exporters by giving an enhanced description of their products. But there are some that have been wrongly represented and the marked change and difference can be noticed in the description of products wherein the product having HS Code 85444920, has been wrongly described as ‘Paper Insulated Conductors’ while the corrected description by the DGFT now reads, ‘Plastic Insulated’. In the ...

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DGFT Notification - Export Policy of Rice

Dated October 7th, 2015 | Copy of | Notification No.23/2015-2020 | In exercise of 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, 2015-20, the Central Government hereby makes the following amendment, with immediate effect, in Chapter 10 of Schedule 2 of ITC (HS) Classification of Export & Import Items relating to export of rice: 2. The existing entries against Sl.No.55, 56 & 58 of Chapter 10 of Schedule 2 of ITC(HS) Classification of Export & Import Items are replaced as under: Chapter 10 Cereals Note 1 Export of wild variety of wheat and paddy seed is restricted. See chapter 12 ...