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DGFT UPDATES

DGFT is updating its policies on a regular basis to balance the business activities for and from Forgein countries. The previous week was…

Pradeep Pal · 2020-08-07 05:12 · 0 claps · 1.3 min read
#dgft-updates #dgft-notification #compliance-management
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DGFT UPDATES

DGFT is updating its policies on a regular basis to balance the business activities for and from Forgein countries. The previous week was full of notifications/amendments from DGFT. Some of them are notified for your references :

  1. Directorate General of Foreign Trade (DGFT Updates) on August 04, 2020 has amended the export policy of ventilators. The amendments have been made in Notification №53 dated March 24, 2020 related to export of all the ventilators. All ventilators including any artificial respiratory apparatus or oxygen therapy apparatus or any other breathing appliance or device are made “free” for export.

The following item has been made free for export:

• All ventilators including any artificial respiratory apparatus or oxygen therapy apparatus or any other breathing appliance or device.

  1. The Directorate General of Foreign Trade (DGFT) on July 31, 2020, has issued a trade notice for the issuance of preferential Certificate of Origin (CoO) for India’s export to Thailand under ASEAN-India FTA.

• It is informed that with effect from August 01, 2020, the CoO applications for exports from India to Thailand under ASEAN-India FTA should be submitted through the e-COO Platform by the exporters to the designated issuing agencies i.e. EIA, MPEDA and Textile Committee.

• No physical/manual application for a CoO would need to be submitted from August 01, 2020. However, manual applications submitted prior to the given date may be processed and CoOs issued by the designated agencies.

• In line with the CoOs issued for other ASEAN Countries, the e-CoO platform will generate one additional copy i.e. electronic copy along with the set of 4 copies. The electronic copy shall bear the image signature of the officer and stamp of the issuing agency.

• The exporter may however get the set of printed certificates (in quadruplicate) duly ink-signed by the officer along with the stamp from the designated issuing office, by post or in person, for submission to the Thai authorities.

Please connect to pradeep.avantis.co.in for complete compliance updates and solution for automatic compliance updates from Central, State and Governing bodies.


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