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DDGFT GUWAHATI
ROLE OF DGFT
(MINISTRY 0F COMMERCE & INDUSTRIES)
SECTION 5 OF FTDR(FOREIGN TRADE DEVELOPMENT AND REGULATION) ACT 1992 CONFERRED POWER TO NOTIFY FOREIGN TRADE POLICY
FUNCTIONING
ALL POWERS ARE DERIVED FROM F.T.(DEVELOPMENT®ULATION )ACT, 1992 AND RULES AND ORDER MADE THEIR UNDER. FOREIGN TRADE POLICY IS ISSUED THEIR UNDER FOR FIVE YEARS TERMS WHICH IS AMENDED TIME TO TIME BY NOTIFICATIONS ANNUAL SUPPLIMENT IS ALSO ISSUED INCORPORATING ALL AMMENDMENTS.
CHAPTERS
1A LEGAL FRAME WORK 1B SPECIAL FOCUS INITIATIVE 1C BOARD OF TRADE 2 GENERAL PROVISIOS REGARDING IMPORT & EXPORT 3 PROMOTIONAL MEASURES 4 DUTY EXEMPTION & REMISSION SCHEMES 5 EPCG SCHEMES 6 EOUs, EHTPs,STPs& BTPs 7 SEZ 8 DEEMED EXPORT 9 DEFINATIONS
PROCEDURE TO BE FOLLOWED
IN ORDER TO UNDER TAKE BUSINESS OF THIS ORGANISATION, FOLLOWING ARE PROCEDURES BOOKS
HAND BOOK OF PROCEDURES VOL-I ( APPLICATION PROCEDURE) H.B. PROCEDURES VOL-II (INPUT OUTPUT NORMS BOOK) HS (ITC) CLASSIFICATION BOOK DEPB RATE LIST
DFIA
TWO TYPES OF DUTY FREE IMPORT AUTHORIZATION ARE ISSUED
WITH ACTUAL USER CONDITION WITH TRANSFERABLE CONDITION 20% VALUE ADDITION IS REQUIRED ON FULFILLMENT OF EXPORT OBLIGATION TRANSFERABILITY IS ALLOWED AND HOLDER OF AUTHORISATION BECOMES FREE TO SALE EITHER CERTIFICATE OR GOODS IMPORTED THEIR UNDER AUTHORISATION IS ISSUED WITH 24 MONTHS VALIDITY
EPCG
AUTHORISATION UNDER THIS SCHEME IS ISSUED TO ALLOW IMPORTS OF CAPITAL GOODS ON PAYMENT OF 3% CUSTOMS DUTY FOR REMAINING DUTY EXEMPTION, AUTHORISATION HOLDER NEEDS TO UNDERTAKE 8 TIMES EXPORT OBLIGATION WITHIN 8 YEARS FOR DUTY SAVED AMOUNT LESS THAN 100CR AND 12 YEARS MORE THAN 100CR. RELAXATION TO SSI AND AGRO UNIT IS ALLOWED AUTHORISATIONS ARE ISSUED WITH 36 MONTHS VALIDITY FOR IMPORT OBLIGATION IS REQUIRED TO BE FULFILLED OVER AND ABOVE AVERAGE PERFORMANCE OF THE UNIT DURING LAST THREE YEARS. OBLIGATION IS FULFILLED BY EXPORT OF GOODS MANUFACTURED BY USE OF IMPORTED MACHINE HOWEVER, EXPORT CAN ALSO BE FULFILLED BY EXPORT OF OTHER PRODUCTS PRODUCED BY GROUP COMPANY SUBJECT TO AVERAGE PERFORMANCE OF GROUP COMPANY IS BEING TAKEN INTO ACCOUNT FOR FIXATION OF AVERAGE PERFORMANCE.
DEEMED EXPORT
REFUND OF DRAW BACK
DUTY PAID ON INPUTS ARE REFUNDED UNDER THE SCHEME AS PER ALL INDUSTRY RATE AND IF ALL INDUSTRY RATE IS NOT AVAILABLE THAN BRAND RATE IS FIXED BY THE COMMITTEE. REFUND OF TERMINAL EXCISE DUTY UNDER THE SCHEME, TERMINAL EXCISE DUTY ACTUALLY PAID ON SUPPLY OF FINISHED GOODS BY DEEMED EXPORTER, WHO QUALIFY UNDER THE CRITERIA MENTIONED UNDER CHAPTER 8 OF THE POLICY IS REFUNDED.
THANK YOU
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