SlideShare a Scribd company logo
ROLE OF DGFT IN
FOREIGN TRADE POLICY
BY
GAURAV CHANDRA
DEV SAHOO
BHOOMI SOLANKI
YASHOPRIYA BHARTIYA
OMKAR BHOSLE
DIRECTOR GENERAL OF FOREIGN TRADE
DGFT or Director General of Foreign Trade is a government
organization in India responsible for the formulation &
implementation of Exim Policy, Guidelines and Principles for
Indian Importers and Indian Exporters of the country.
Before 1991, DGFT was known as the Chief Controller of
Imports & Exports (CCI&E)
It is an attached office of the Department of Commerce,
Ministry of Commerce & Industry. It’s headquartered in
Udyog Bhavan, New Delhi.
Officials of DGFT works in close coordination with other
related economic offices like Customs
Commissionerates, Central Excise authorities, DRI authorities
and Enforcement Directorate
DGFT plays a very important
role in the development of
trading relations with various
other nations & thus helps in
improving not only the economic
growth but also provides a
certain impetus needed in the
trade industry.
 For promoting exports & imports
it established Four Zonal Offices
at Delhi, Mumbai, Kolkata &
Chennai. In addition to that
there are 35 Regional Authorities
spread across the country.
ROLEs OF DGFT
Policy Research & Analysis
To advise the Government on Policy
measures in the light of emerging national
and international economic scenarios
Formulation & Regular Updatation of new
codes in ITC(HS) Codes. It is the governing
body of ITC(HS) & IEC codes.
DGFT sets and controls SION i.e. standard
input-output norms
ITC(HS) is Indian Trade Clarification for import-export
operations.
It basically describes the rules and guidelines related to
export & import policies.
Schedule I describes the rules and regulation related to
import policies.
Schedule II describes the rules and regulation related
to export policies.
Indian Customs uses an eight digit ITC(HS) Codes to suit
the national trade requirements.
It is also used by Importers & Exporters to log into their
account & check out new rules or changes regarding
their area of business.
To review export performance of various sectors, identify
constraints.
To examine the existing institutional framework, policy
instruments and procedures for imports & exports.
Suggest practical industry specific measures for optimum
use of such schemes.
Regulate Transit of Goods in accordance with Bilateral
Treaties.
Grants “Importer Exporter Code ” IEC No. which is
mandatory to import or export in India.
Maintains SCOMET List.
SCOMET LIST
These are certain products which comes in the list of Special
Chemicals, Organisms, Materials, Equipment and Technologies
or SCOMET.
India’s SCOMET list includes eight categories of sensitive items
that could be used for both civilian and military purposes. The
export of all the items on the list is strictly regulated by the DGFT
.
The list includes toxic chemical agents, micro-organisms, toxins,
aerospace systems, information technology, nuclear materials,
nuclear-related other materials, equipments and technology”.
EXPORT PROMOTION
To examine issues
which are considered
relevant for
promotion of India’s
foreign trade, and to
strengthen the
international
competitiveness of
Indian goods and
services.
 Assistance to states for infrastructure
development for exports.
 Recognising Export Excellence Towns, with
threshold limit of Rs 250 Cr & providing special
facilities to such towns.
 Development of Agri Export Zones (AEZ) &
Handicraft SEZs shall be established which
would procure products from the cottage sector
and do the finishing for exports.
 Scheme such “Vishesh Krishi and Gram Udyog
Yojana” for promoting export of
fruits,Vegetables, Flowers, Minor Forest produce,
Dairy,Poultry and their value added products
 Financial assistance to export promotion councils, industry and
trade associations, agencies of State Govt, Indian Commercial
mission abroad and other persons as Market Access initiative.
 Financial assistance for marketing development & meeting
the legal expenses for Trade related matters.
 Recognising efforts by service sector & exporters who
contribute substantially to the export kitty & providing them
special benefits.
 Providing duty free imports of raw materials consumables etc.
meant to be used in exports.
 Developing Export Oriented Units, Special Economic Zones,
Technology parks and Bio-Tech parks for for imports of capital
goods & services at concessional rate of customs duty.
AdjudicAtion & RedRessAl
If any question or doubt arises in respect of any
provision in Foreign Trade Policy, or with Issuance of
licence/ certificate/permission or regarding the
classification of any item in the ITC(HS) or DEPB
Rate; it shall be referred to the DGFT whose decision
thereon shall be final and binding.
DGFT also deals with the quality complaints of the
foreign buyers.
A Grievance Redressal Mechanism is established in
order to avoid the need to litigation by aggrieved
party.
bibliogRAphy
http://www.dgft.org
http://www.eximguru.com
http://dgftcom.nic.in
http://www.eximkey.com
http://dgft.gov.in/
Thank you

More Related Content

What's hot

DGFT PPT
DGFT PPTDGFT PPT
import &export
import &exportimport &export
import &export
Akash Maurya
 
EXIM POLICY, PROCEDURE AND DOCUMENTATION PRESENTATION BY AMAN DWIVEDI
EXIM POLICY, PROCEDURE AND DOCUMENTATION PRESENTATION BY AMAN DWIVEDIEXIM POLICY, PROCEDURE AND DOCUMENTATION PRESENTATION BY AMAN DWIVEDI
EXIM POLICY, PROCEDURE AND DOCUMENTATION PRESENTATION BY AMAN DWIVEDI
Aman Dwivedi
 
Trade Policy and Regulation of India
Trade Policy and Regulation of IndiaTrade Policy and Regulation of India
Foreign Exchange Management Act (FEMA)
Foreign Exchange Management Act (FEMA)Foreign Exchange Management Act (FEMA)
Foreign Exchange Management Act (FEMA)
basiljoe010
 
Exim Policy
Exim PolicyExim Policy
Exim Policy
Prashanth v
 
exim policy of india
exim policy of indiaexim policy of india
exim policy of indiaDinesh Nikam
 
India's exim policy
India's exim policyIndia's exim policy
India's exim policy
7manishyadav
 
India's Foreign trade policy
India's Foreign trade policyIndia's Foreign trade policy
India's Foreign trade policy
Harshit Ahuja
 
EXPORT & IMPORT POLICY & DOCUMENTATION
EXPORT & IMPORT POLICY & DOCUMENTATIONEXPORT & IMPORT POLICY & DOCUMENTATION
EXPORT & IMPORT POLICY & DOCUMENTATION
Yamini Kahaliya
 
Foreign trade policy 2015 - 2020
Foreign trade policy 2015 - 2020Foreign trade policy 2015 - 2020
Foreign trade policy 2015 - 2020
Arun Deva
 
Export Procedures and Documents
Export Procedures and DocumentsExport Procedures and Documents
EXIM Policy.ppt
EXIM Policy.pptEXIM Policy.ppt
EXIM Policy.ppt
Vansh157601
 
Advance Authorisation Scheme PPT - Latest Updates Included | Afleo
Advance Authorisation Scheme PPT - Latest Updates Included | AfleoAdvance Authorisation Scheme PPT - Latest Updates Included | Afleo
Advance Authorisation Scheme PPT - Latest Updates Included | Afleo
AfleoConsultants
 
Export procedure
Export procedureExport procedure
Export procedureJay Parekh
 
Foreign trade policy
Foreign trade policyForeign trade policy
Foreign trade policy
Faizy Hasan
 
How to start an export import business
How to start an export import businessHow to start an export import business
How to start an export import business
Sunil Garg, Engineering and Management Professional
 
Tariff and non tariff barriers
Tariff and non tariff barriersTariff and non tariff barriers
Tariff and non tariff barriers
Dheeraj Yarra
 

What's hot (20)

DGFT PPT
DGFT PPTDGFT PPT
DGFT PPT
 
import &export
import &exportimport &export
import &export
 
EXIM POLICY, PROCEDURE AND DOCUMENTATION PRESENTATION BY AMAN DWIVEDI
EXIM POLICY, PROCEDURE AND DOCUMENTATION PRESENTATION BY AMAN DWIVEDIEXIM POLICY, PROCEDURE AND DOCUMENTATION PRESENTATION BY AMAN DWIVEDI
EXIM POLICY, PROCEDURE AND DOCUMENTATION PRESENTATION BY AMAN DWIVEDI
 
Trade Policy and Regulation of India
Trade Policy and Regulation of IndiaTrade Policy and Regulation of India
Trade Policy and Regulation of India
 
Foreign Exchange Management Act (FEMA)
Foreign Exchange Management Act (FEMA)Foreign Exchange Management Act (FEMA)
Foreign Exchange Management Act (FEMA)
 
Import Procedures in india
Import Procedures in indiaImport Procedures in india
Import Procedures in india
 
Exim Policy
Exim PolicyExim Policy
Exim Policy
 
exim policy of india
exim policy of indiaexim policy of india
exim policy of india
 
India's exim policy
India's exim policyIndia's exim policy
India's exim policy
 
Exim policy 1992 97
Exim policy 1992 97Exim policy 1992 97
Exim policy 1992 97
 
India's Foreign trade policy
India's Foreign trade policyIndia's Foreign trade policy
India's Foreign trade policy
 
EXPORT & IMPORT POLICY & DOCUMENTATION
EXPORT & IMPORT POLICY & DOCUMENTATIONEXPORT & IMPORT POLICY & DOCUMENTATION
EXPORT & IMPORT POLICY & DOCUMENTATION
 
Foreign trade policy 2015 - 2020
Foreign trade policy 2015 - 2020Foreign trade policy 2015 - 2020
Foreign trade policy 2015 - 2020
 
Export Procedures and Documents
Export Procedures and DocumentsExport Procedures and Documents
Export Procedures and Documents
 
EXIM Policy.ppt
EXIM Policy.pptEXIM Policy.ppt
EXIM Policy.ppt
 
Advance Authorisation Scheme PPT - Latest Updates Included | Afleo
Advance Authorisation Scheme PPT - Latest Updates Included | AfleoAdvance Authorisation Scheme PPT - Latest Updates Included | Afleo
Advance Authorisation Scheme PPT - Latest Updates Included | Afleo
 
Export procedure
Export procedureExport procedure
Export procedure
 
Foreign trade policy
Foreign trade policyForeign trade policy
Foreign trade policy
 
How to start an export import business
How to start an export import businessHow to start an export import business
How to start an export import business
 
Tariff and non tariff barriers
Tariff and non tariff barriersTariff and non tariff barriers
Tariff and non tariff barriers
 

Viewers also liked

Exim Bank
Exim BankExim Bank
Apeda
ApedaApeda
Microsoft Power Point Dgft
Microsoft Power Point   DgftMicrosoft Power Point   Dgft
Microsoft Power Point Dgft
Radhikachemical
 
Pricing strategy and management
Pricing strategy and managementPricing strategy and management
Pricing strategy and management
Babasab Patil
 
Role of exim bank in export financing
Role of exim bank in export financingRole of exim bank in export financing
Role of exim bank in export financingHarshul Nagpal
 
Why Digital Marketing?
Why Digital Marketing?Why Digital Marketing?
Why Digital Marketing?
Subhendu Pattnaik
 
Export market basics
Export market   basicsExport market   basics
Export market basicsk_sunil
 
Gems & jwellery
Gems & jwelleryGems & jwellery
Gems & jwellerycaryl711
 
Gems & Jewellery export from India
Gems & Jewellery export from IndiaGems & Jewellery export from India
Gems & Jewellery export from India
Isha Joshi
 
GJEPC ---- THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
GJEPC ---- THE GEM & JEWELLERY EXPORT PROMOTION COUNCILGJEPC ---- THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
GJEPC ---- THE GEM & JEWELLERY EXPORT PROMOTION COUNCILRaj Sohanda
 
E-Governance in the offices of Director General for Foreign Trade (DGFT)
E-Governance in the offices of Director General for Foreign Trade (DGFT)E-Governance in the offices of Director General for Foreign Trade (DGFT)
E-Governance in the offices of Director General for Foreign Trade (DGFT)Nalin Adhikari
 
Foreign exchange management act, 1999.bose
Foreign exchange management act, 1999.boseForeign exchange management act, 1999.bose
Foreign exchange management act, 1999.boseShankar Bose Sbose1958
 
Export import bank of india(exim)
Export import bank of india(exim)Export import bank of india(exim)
Export import bank of india(exim)
Abhinav Kp
 
Future of HR: implications for Russia
Future of HR: implications for RussiaFuture of HR: implications for Russia
Future of HR: implications for Russia
PwC Russia
 
Indian Chamber Of Commerce1
Indian  Chamber Of Commerce1Indian  Chamber Of Commerce1
Indian Chamber Of Commerce1
mohindar
 
Anna Sakhno, "Human Resources management in Russia"
Anna Sakhno, "Human Resources management in Russia"Anna Sakhno, "Human Resources management in Russia"
Anna Sakhno, "Human Resources management in Russia"Mikhail Vink
 
International pricing strategies
International pricing strategiesInternational pricing strategies
International pricing strategies
Manav Agarwal
 

Viewers also liked (20)

Exim Bank
Exim BankExim Bank
Exim Bank
 
Apeda
ApedaApeda
Apeda
 
Microsoft Power Point Dgft
Microsoft Power Point   DgftMicrosoft Power Point   Dgft
Microsoft Power Point Dgft
 
Pricing strategy and management
Pricing strategy and managementPricing strategy and management
Pricing strategy and management
 
Role of exim bank in export financing
Role of exim bank in export financingRole of exim bank in export financing
Role of exim bank in export financing
 
Why Digital Marketing?
Why Digital Marketing?Why Digital Marketing?
Why Digital Marketing?
 
Export import
Export importExport import
Export import
 
Export market basics
Export market   basicsExport market   basics
Export market basics
 
Gems and jewellery
Gems and jewelleryGems and jewellery
Gems and jewellery
 
Gems & jwellery
Gems & jwelleryGems & jwellery
Gems & jwellery
 
Gems & Jewellery export from India
Gems & Jewellery export from IndiaGems & Jewellery export from India
Gems & Jewellery export from India
 
GJEPC ---- THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
GJEPC ---- THE GEM & JEWELLERY EXPORT PROMOTION COUNCILGJEPC ---- THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
GJEPC ---- THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
 
E-Governance in the offices of Director General for Foreign Trade (DGFT)
E-Governance in the offices of Director General for Foreign Trade (DGFT)E-Governance in the offices of Director General for Foreign Trade (DGFT)
E-Governance in the offices of Director General for Foreign Trade (DGFT)
 
Fema
FemaFema
Fema
 
Foreign exchange management act, 1999.bose
Foreign exchange management act, 1999.boseForeign exchange management act, 1999.bose
Foreign exchange management act, 1999.bose
 
Export import bank of india(exim)
Export import bank of india(exim)Export import bank of india(exim)
Export import bank of india(exim)
 
Future of HR: implications for Russia
Future of HR: implications for RussiaFuture of HR: implications for Russia
Future of HR: implications for Russia
 
Indian Chamber Of Commerce1
Indian  Chamber Of Commerce1Indian  Chamber Of Commerce1
Indian Chamber Of Commerce1
 
Anna Sakhno, "Human Resources management in Russia"
Anna Sakhno, "Human Resources management in Russia"Anna Sakhno, "Human Resources management in Russia"
Anna Sakhno, "Human Resources management in Russia"
 
International pricing strategies
International pricing strategiesInternational pricing strategies
International pricing strategies
 

Similar to Dgft

meaningofforeigntradepolicy
meaningofforeigntradepolicymeaningofforeigntradepolicy
meaningofforeigntradepolicy
ShashankHS16
 
how to make india self reliant in agriculture sector
how to make india self reliant in agriculture sectorhow to make india self reliant in agriculture sector
how to make india self reliant in agriculture sector
JAY BHANSALI
 
Meaning of foreign trade policy
Meaning of foreign trade policyMeaning of foreign trade policy
Meaning of foreign trade policydeepali garg
 
TRADE POLICY OF INDIA
TRADE POLICY OF INDIATRADE POLICY OF INDIA
TRADE POLICY OF INDIA
Kaveri Nanda
 
Exim policy
Exim   policyExim   policy
Exim policy
Dhina Karan
 
Fieo ( Federation of Indian export organisations)
Fieo ( Federation of Indian export organisations)Fieo ( Federation of Indian export organisations)
Fieo ( Federation of Indian export organisations)
avneet kaur
 
Export promotion scheme in india
Export promotion scheme in indiaExport promotion scheme in india
Export promotion scheme in india
kagil
 
Export Promotion, Import Substitution & Packaging Requirements
Export Promotion,  Import Substitution &  Packaging RequirementsExport Promotion,  Import Substitution &  Packaging Requirements
Export Promotion, Import Substitution & Packaging Requirements
SN Panigrahi, PMP
 
Presentation by Devender Satti.pptx
Presentation by Devender Satti.pptxPresentation by Devender Satti.pptx
Presentation by Devender Satti.pptx
ANubian
 
Trade
TradeTrade
Role of government in export promotion
Role of government in export promotionRole of government in export promotion
Role of government in export promotion
Shashank Issar
 
IB-EPC.pdf
IB-EPC.pdfIB-EPC.pdf
IB-EPC.pdf
NavneetGera
 
jenny.pptx
jenny.pptxjenny.pptx
jenny.pptx
Jenishah3
 
Export policy & Foreign Trade Policy.. By Zeba
Export policy &  Foreign Trade Policy.. By Zeba Export policy &  Foreign Trade Policy.. By Zeba
Export policy & Foreign Trade Policy.. By Zeba
Zeba Rukhsar
 
International Marketing Management - Recent trends in India's Foreign trade
International Marketing Management - Recent trends in India's Foreign tradeInternational Marketing Management - Recent trends in India's Foreign trade
International Marketing Management - Recent trends in India's Foreign trade
SOMASUNDARAM T
 
Assignment on foreign trade policy
Assignment on foreign trade policyAssignment on foreign trade policy
Assignment on foreign trade policySonali Kukreja
 
Export promotion scheme in india
Export promotion scheme in indiaExport promotion scheme in india
Export promotion scheme in india
kagil
 
Export promotion polices & practices
Export promotion polices & practicesExport promotion polices & practices
Export promotion polices & practices
BALRAJ JAIN
 
The concept of export promotion
The concept of export promotionThe concept of export promotion
The concept of export promotionBinty Agarwal
 

Similar to Dgft (20)

meaningofforeigntradepolicy
meaningofforeigntradepolicymeaningofforeigntradepolicy
meaningofforeigntradepolicy
 
how to make india self reliant in agriculture sector
how to make india self reliant in agriculture sectorhow to make india self reliant in agriculture sector
how to make india self reliant in agriculture sector
 
Meaning of foreign trade policy
Meaning of foreign trade policyMeaning of foreign trade policy
Meaning of foreign trade policy
 
TRADE POLICY OF INDIA
TRADE POLICY OF INDIATRADE POLICY OF INDIA
TRADE POLICY OF INDIA
 
Exim policy
Exim   policyExim   policy
Exim policy
 
Fieo ( Federation of Indian export organisations)
Fieo ( Federation of Indian export organisations)Fieo ( Federation of Indian export organisations)
Fieo ( Federation of Indian export organisations)
 
Export promotion scheme in india
Export promotion scheme in indiaExport promotion scheme in india
Export promotion scheme in india
 
Eeb exim policy
Eeb   exim policyEeb   exim policy
Eeb exim policy
 
Export Promotion, Import Substitution & Packaging Requirements
Export Promotion,  Import Substitution &  Packaging RequirementsExport Promotion,  Import Substitution &  Packaging Requirements
Export Promotion, Import Substitution & Packaging Requirements
 
Presentation by Devender Satti.pptx
Presentation by Devender Satti.pptxPresentation by Devender Satti.pptx
Presentation by Devender Satti.pptx
 
Trade
TradeTrade
Trade
 
Role of government in export promotion
Role of government in export promotionRole of government in export promotion
Role of government in export promotion
 
IB-EPC.pdf
IB-EPC.pdfIB-EPC.pdf
IB-EPC.pdf
 
jenny.pptx
jenny.pptxjenny.pptx
jenny.pptx
 
Export policy & Foreign Trade Policy.. By Zeba
Export policy &  Foreign Trade Policy.. By Zeba Export policy &  Foreign Trade Policy.. By Zeba
Export policy & Foreign Trade Policy.. By Zeba
 
International Marketing Management - Recent trends in India's Foreign trade
International Marketing Management - Recent trends in India's Foreign tradeInternational Marketing Management - Recent trends in India's Foreign trade
International Marketing Management - Recent trends in India's Foreign trade
 
Assignment on foreign trade policy
Assignment on foreign trade policyAssignment on foreign trade policy
Assignment on foreign trade policy
 
Export promotion scheme in india
Export promotion scheme in indiaExport promotion scheme in india
Export promotion scheme in india
 
Export promotion polices & practices
Export promotion polices & practicesExport promotion polices & practices
Export promotion polices & practices
 
The concept of export promotion
The concept of export promotionThe concept of export promotion
The concept of export promotion
 

Recently uploaded

Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111
zoyaansari11365
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
LR1709MUSIC
 
What are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdfWhat are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdf
HumanResourceDimensi1
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Lviv Startup Club
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
Erika906060
 
BeMetals Presentation_May_22_2024 .pdf
BeMetals Presentation_May_22_2024   .pdfBeMetals Presentation_May_22_2024   .pdf
BeMetals Presentation_May_22_2024 .pdf
DerekIwanaka1
 
5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
ofm712785
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
NathanBaughman3
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
RajPriye
 
What is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdfWhat is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdf
seoforlegalpillers
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
Sam H
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
dylandmeas
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
SynapseIndia
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
marketing317746
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
BBPMedia1
 
Enterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdfEnterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdf
KaiNexus
 
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraTata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Avirahi City Dholera
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
Nicola Wreford-Howard
 
Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airport
marketingjdass
 

Recently uploaded (20)

Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
 
What are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdfWhat are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdf
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
 
BeMetals Presentation_May_22_2024 .pdf
BeMetals Presentation_May_22_2024   .pdfBeMetals Presentation_May_22_2024   .pdf
BeMetals Presentation_May_22_2024 .pdf
 
5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
 
What is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdfWhat is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdf
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
 
Enterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdfEnterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdf
 
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraTata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
 
Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airport
 

Dgft

  • 1. ROLE OF DGFT IN FOREIGN TRADE POLICY BY GAURAV CHANDRA DEV SAHOO BHOOMI SOLANKI YASHOPRIYA BHARTIYA OMKAR BHOSLE
  • 2. DIRECTOR GENERAL OF FOREIGN TRADE DGFT or Director General of Foreign Trade is a government organization in India responsible for the formulation & implementation of Exim Policy, Guidelines and Principles for Indian Importers and Indian Exporters of the country. Before 1991, DGFT was known as the Chief Controller of Imports & Exports (CCI&E) It is an attached office of the Department of Commerce, Ministry of Commerce & Industry. It’s headquartered in Udyog Bhavan, New Delhi. Officials of DGFT works in close coordination with other related economic offices like Customs Commissionerates, Central Excise authorities, DRI authorities and Enforcement Directorate
  • 3. DGFT plays a very important role in the development of trading relations with various other nations & thus helps in improving not only the economic growth but also provides a certain impetus needed in the trade industry.  For promoting exports & imports it established Four Zonal Offices at Delhi, Mumbai, Kolkata & Chennai. In addition to that there are 35 Regional Authorities spread across the country.
  • 4. ROLEs OF DGFT Policy Research & Analysis To advise the Government on Policy measures in the light of emerging national and international economic scenarios Formulation & Regular Updatation of new codes in ITC(HS) Codes. It is the governing body of ITC(HS) & IEC codes. DGFT sets and controls SION i.e. standard input-output norms
  • 5. ITC(HS) is Indian Trade Clarification for import-export operations. It basically describes the rules and guidelines related to export & import policies. Schedule I describes the rules and regulation related to import policies. Schedule II describes the rules and regulation related to export policies. Indian Customs uses an eight digit ITC(HS) Codes to suit the national trade requirements. It is also used by Importers & Exporters to log into their account & check out new rules or changes regarding their area of business.
  • 6. To review export performance of various sectors, identify constraints. To examine the existing institutional framework, policy instruments and procedures for imports & exports. Suggest practical industry specific measures for optimum use of such schemes. Regulate Transit of Goods in accordance with Bilateral Treaties. Grants “Importer Exporter Code ” IEC No. which is mandatory to import or export in India. Maintains SCOMET List.
  • 7. SCOMET LIST These are certain products which comes in the list of Special Chemicals, Organisms, Materials, Equipment and Technologies or SCOMET. India’s SCOMET list includes eight categories of sensitive items that could be used for both civilian and military purposes. The export of all the items on the list is strictly regulated by the DGFT . The list includes toxic chemical agents, micro-organisms, toxins, aerospace systems, information technology, nuclear materials, nuclear-related other materials, equipments and technology”.
  • 8. EXPORT PROMOTION To examine issues which are considered relevant for promotion of India’s foreign trade, and to strengthen the international competitiveness of Indian goods and services.
  • 9.  Assistance to states for infrastructure development for exports.  Recognising Export Excellence Towns, with threshold limit of Rs 250 Cr & providing special facilities to such towns.  Development of Agri Export Zones (AEZ) & Handicraft SEZs shall be established which would procure products from the cottage sector and do the finishing for exports.  Scheme such “Vishesh Krishi and Gram Udyog Yojana” for promoting export of fruits,Vegetables, Flowers, Minor Forest produce, Dairy,Poultry and their value added products
  • 10.  Financial assistance to export promotion councils, industry and trade associations, agencies of State Govt, Indian Commercial mission abroad and other persons as Market Access initiative.  Financial assistance for marketing development & meeting the legal expenses for Trade related matters.  Recognising efforts by service sector & exporters who contribute substantially to the export kitty & providing them special benefits.  Providing duty free imports of raw materials consumables etc. meant to be used in exports.  Developing Export Oriented Units, Special Economic Zones, Technology parks and Bio-Tech parks for for imports of capital goods & services at concessional rate of customs duty.
  • 11. AdjudicAtion & RedRessAl If any question or doubt arises in respect of any provision in Foreign Trade Policy, or with Issuance of licence/ certificate/permission or regarding the classification of any item in the ITC(HS) or DEPB Rate; it shall be referred to the DGFT whose decision thereon shall be final and binding. DGFT also deals with the quality complaints of the foreign buyers. A Grievance Redressal Mechanism is established in order to avoid the need to litigation by aggrieved party.