import-export code

How to Download IEC Certificate Online

How to Download IEC Certificate Online

One can not conduct their import and export business legally in India without having an IEC Certificate. Hence, the Import Export Code offers several advantages. You must also note that IEC Code or IEC Certificate is mandatory for every exporter except those who have an exemption under Foreign Trade Policy. As a result, it becomes … Read more

DGFT exempted the Foreign Trade Policy

DGFT exempted the foreign trade policy

The existing foreign trade policy (FTP) from 2015 to 2020 that is applicable up to 30 September will now be up to 31 March 2022, the DGFT (directorate general of foreign trade) said in the notice. After the coronavirus outbreak, the policy was 1st delayed by a year to the end of 2020 march and … Read more

Indian tobacco seeks 5% tax relief to boost exports

Indian tobacco seeks 5% tax relief to boost exports

The tobacco industry in India wants tax incentives to assist boost exports. As we all know, there’s a decreasing export base due to an increase in competition from smaller nations. Therefore, Indian Tobacco seeks 5% tax relief. The Indian Tobacco Association (ITA) which accounts for 90%-95% of the export of tobacco has requested that the … Read more

DGFT Extended Last Date for IEC Updation/ Modification

DGFT Extended Last Date for IEC Updation Modification

Good News for Importers and Exporters as DGFT Extended Last Date for IEC Updation/ Modification. However, the extended last date is for a limited time only. Furthermore, DGFT has also given a fee waiver for IEC updation.In this article we will discuss in detail about  DGFT Extended Last Date for IEC Updation/Modification. DGFT Extended Last … Read more

Documents required for IEC Code Registration

Documents Required for IEC Code Registration

Everyone wants import and export business lucrative these days. However, When it comes to commencing a business, there are numerous factors to consider, one of which is the IEC Registration and License. Therefore, in this article we will read about IEC Code Registration and Mandatory documents required for IEC Code Registration. Who issues IEC Code? … Read more

India records highest ever exports in June Quarter

India records highest-ever exports in June quarter

Good news for Indian exporters as India records the highest-ever exports in June Quarter. This had been a significant victory for businesses having MSME Registration, APEDA Registration, and FIEO Registration. The reason is the government took many decisions and executed many plans to boost the export business. In this article, we will know about India … Read more

DGFT Extends Deadline for IEC Renewal

DGFT extends deadline for updation of IEC on Annual Basis

DGFT extends the deadline for updating of IEC on an Annual Basis as many registrants were missing the deadline. As we know, the second wave of the Coronavirus pandemic hit India very hard. Most of India was under lockdown. Therefore, businesses face many difficulties to update IEC. In this article, we will discuss DGFT extends … Read more

India’s Exports Rise To $30.21 Billion In April

India's Exports Rise To $30.21 Billion In April

India has registered an export of $30.63 billion in April 2021 as compared to $10.63 billion in the same month of last year reflecting a growth rate of 195.72%. In terms of value in Rs, the total exports were Rs 2, 28,071.76 Crore in April 2021 as compared to Rs 78,951.41 Crore in April 2020. In … Read more

Exports Surge by Over 58% in March, Imports Rise 53%

Exports Surge by Over 58% in March, Imports Rise 53 %

India’s foreign trade sector plays a vital role in the growth of its economy. It ensures the highest quality of goods and services, increases competitiveness, generates employment, improves living standards, and earns valuable foreign exchange for the country.. In this article, we will discuss Exports Surge by Over 58% in March, Imports Rise 53%. Know … Read more

India’s Agriculture Export Subsidy Policies come under WTO lens

India’s agriculture export subsidy

As we know India’s farm subsidy policies appeared under the scanner at the World Trade Organization (WTO) during the country’s trade policy review (TPR), with fellows such as Canada, the US and Australia complaining that India has not proclaimed its agriculture export subsidies for more than eight years. In this article, we will discuss on … Read more