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New Exim Policy 2012 - 2013 Chapter - 2 General Provisions Regarding Imports and Exports


While pursuing exports, Mr. Saraff found it was very difficult for a Indian Exporter or Importer or a Overseas Company to find meaningful and concrete information about Indian Export Import Trade.

Statistical organization published data with a 6 months delay and nos were often incorrect.

Visits to custom offices, shipping and Custom house agents was a nightmare as the sources were not professional or reliable or did not presented a national picture.

The most scaring part was there was no respect to statistical integrity among stakeholders.

The bureaucratic Govt Sources and obsolete methods of dissemination of information further compounded the problems.

The yearning for professional, reliable and complete Business Intelligence on international business inspired him to create InfodriveIndia.

To bridge the above gaps, Mr Saraff launched InfodriveIndia.com a web portal on exim trade in 1997 and instantly InfodriveIndia.com created many records.

  • First to provide updated Exim Policy on net.
  • First to provide India Export Import Data on net.
  • First to create a Online Exim Policy Portal
  • First to include Custom Duty in Export Import Data
  • First to provide Export Import Trade Intelligence of 34 countries
  • First to provide Custom Duty, DEBB , Drawback , IO Norms, Hs Classification , Notifications in searchable formats.

For complete list of milestones, please click here.Though launch of InfodriveIndia inspired many websites on Exports imports but none of them could keep such vast amount of information in updated form and searchable form.

Most of them turned out the mere replicas of Govt websites, which had outdated information in PDF formats.

After the dotcom bust, even InfodriveIndia had problems in meeting the costs and it went through its share of ups and downs. However through sheer perseverance Raakesh continued to support the portal Raakesh feels still a lot needs to be done, and plans to launch few more initiatives in Export Import trade in near future.

To know more about Raakesh Saraff, pls Click here.

To email to Raakesh, please Click here.

To share a Feedback, please Click here.


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What is New?

Date: 31-01-2019
Notification No. 83/ 2018 - Customs
Seeks to amend notification No. 152/2009-Customs dated 31.12.2009 so as to provide deeper tariff concessions in respect of specified goods imported from Korea RP under the India-Korea Comprehensive Economic Partnership Agreement (CEPA) w.e.f. 01.01.2019.

Date: 31-01-2019
Notification No. 84/2018-Customs
Seeks to amend notification No. 53/2011-Customs dated 01st July, 2011 so as to provide deeper tariff concessions in respect of specified goods imported from Malaysia under the India-Malaysia Comprehensive Economic Cooperation Agreement (IMCECA) w.e.f. 01.01.2019.

Date: 14-01-2019
Policy Circular No . 17/2015--2020
Additional extension of six months in the Export Obligation Period (EOP) (beyond permissible extension period in Para 4.42 of the HBP) to advance authorizations issued upto 30.06.2016 involving import of Raw cashew (SION E S) relaxation of Policy/ Procedure.

Date: 11-01-2019
Notification No.3/2019 - Customs (N.T.)
Exchange Rates Notification No.3/2019-Custom(NT) dated 11.1.2019.

Date: 11-01-2019
Trade Notice No. 42/2015-2020
Mandatory recording of information on DGFT website about transfer of MEIS/SEIS Scrips issued from 14.1.2019 onwards (for EDI ports only)

Date: 10-01-2019
Notification No. 53/2015-20
Amendment in Para 4.14 and 4.16 (ii) of the Foreign Trade Policy 2015-20

Date: 10-01-2019
Notification No. 01/2019 - Customs
Seeks to remove pre-import condition and include specified deemed export supplies for exemption from integrated tax and Compensation cess for materials imported against Advance Authorizations and Advance Authorizations for Annual Requirement

Date: 09-01-2019
Policy Circular No.16 /2015--2020
Guidelines to RAs for following Standard Operating Procedure (SOP) for EODC monitoring of both Advance as well as EPCG authorizations using software in website http://eodc.online - Reg.

Date: 08-01-2019
Notification No. 50/2015-2020
Import policy for electronics and IT Goods under Schedule – I (Import Policy) of ITC (HS), 2017.

Date: 08-01-2019
Notification No 51/2015-2020
Amendment in Import Policy of Aviation Gasoline under Exim Code 27101219 in the ITC (HS) 2017,Schedule-I(Import Policy) -regd.



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