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Foreign Trade Procedures (Exim Procedures
)



Exim Procedure or Foreign Trade Procedure which is issued by the DGFT Director General of Foreign Trade is a book that contains all the necessary information about the rules and regulation in the matter related to Foreign Trades. Exim Procedure also known as Handbook of Procedure Volume 1 and is issued at the gap of every five year with change in the Foreign Trade Policy. Between the five years terms, any further changes or modifications in the Handbook of Procedure Volume 1 are carried out by further notifications and amendments. The main objective of the Handbook is to simple, transparent and EDI (Electronic Data Interchange) compatible procedures which are easy to administer for efficacious management of foreign trade.

The objective of Exim Procedure or Foreign Trade Procedure is to implement the provisions of the Foreign Trade (Development and Regulation) Act, 1992, the Rules and Orders made there under and the Foreign Trade Policy (2009-149) incorporating the Export and Import Policy (2002-07), (2004-2009) by laying down simple, transparent and EDI (Electronic Data Interchange) compatible procedures which are easy to comply with and administer for efficacious management of foreign trade.


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What is New?

Date: 15-02-2018
Notification No. 13/2018-Customs (N.T.)
Exchange Rates Notification No.11/2018-Custom(NT) dated 1.2.2018

Date: 15-02-2018
Notification No. 12/2018-Customs (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver.

Date: 12-02-2018
Notification No. 26/2018-Customs
seeks to further amend the notification No. 50/2017- Customs, dated the 30th June 2017 so as to reduce the Basic Customs Duty on motorcycles falling under tariff heading 8711.

Date: 06-02-2018
Notification No. 25/2018-Customs
Seeks to increase BCD tariff rate on Chana (Chickpeas), [Tariff item 0713 20 0] from 30% to 40% by invoking section 8A (1) of the Customs Tariff Act, 1975 and accordingly, the effective rate of BCD on Chana (Chickpeas), will also be 40%.

Date: 06-02-2018
Notification No. 24/2018-Customs
Seeks to increase import duty on all types of sugar under tariff head 1701, [Raw sugar, Refined or White sugar, Raw sugar if imported by bulk consumer] from the present 50% to 100% (Tariff rate) with immediate effect and without an end date.

Date: 05-02-2018
DGFT Notification No. 50/2015-2020
Amendment in import policy condition of pepper classified under Chapter 09 of ITC (HS), 2017—Schedule-1(Import Policy)

Date: 05-02-2018
DGFT Notification No. 49/2015-2020
Updation in Para 4 (A) of General Notes Regarding Import Policy of ITC (HS), 2017, Schedule – I (Import Policy)

Date: 05-02-2018
Public Notice No. 58/2015-2020
Amendment in chapter 2 of the Handbook of Procedure (2015-2020)

Date: 02-02-2018
DGFT Notification No. 48/2015-2020
Export Policy of Onions- Removal of Minimum Export Price (MEP)

Date: 02-02-2018
Notification No. 23/2018-Customs
Seeks to further amend notification No. 27/2011- Customs dated the 1st March, 2011 so as to prescribe ‘Nil’ rate of export duty on Electrodes of a kind used for furnaces



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