Import/Export Industry Notifications

As per paragraph 2.04 of the Foreign Trade Policy 2015-2020, the Director-General of Foreign Trade hereby authorizes M/S The Plastic Export Promotion Council as the agency to issue Certificate of Origin (Non-Preferential).

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The last date for applying for Rebate of State Levies (RoSL) claim under a scrip mechanism for Shipping Bills prior to 01.10.2017 is notified.

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The government is currently working on a multi-modal national logistics policy, the Container Freight Stations Association (CFSes Association), whose members have been finding it tough since 2016. The members have said CFSes should be allowed to handle more logistics services, especially domestic cargo so that their idling space can be gainfully engaged.

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APM Terminals launched two additional APIs this month and increased the terminals' number providing real-time data via its APIs. The company believes that if other supply chain partners followed this lead, it could significantly augment the competitiveness of the catchment areas supported by its terminals, according to the company's release.

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The widespread street protests have put pressure on the logistics sector, with container trucks halting operations, resulting in container cargoes remaining stuck at shipping ports. Shipping lines suspending operations at Myanmar ports are causing container shipment delays and significantly reduced imports.

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In exercise of powers conferred under para 2.04 of the Foreign Trade Policy 2015-2020, the Director-General of Foreign Trade amends S.NO. 9 under the sub-heading Maharashtra in Appendix 2E, the list of agencies authorized to issue a certificate of origin-non preferential of the handbook of procedures, 2015-2020. The address details under Appendix 2E of FTP, 2015-2020 have been updated.

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BIC GST Policy Wing has issued Circular No. 147 Dated 12.03.2021, clarifying various refund-related issues. The Circular has clarified that there is no restriction on the recipient of deemed export supplies in availing ITC of the tax paid on such supplies when the recipient files for refund claim.

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Council has been apprised by the Trade Defence Wing, DGTR, Ministry of Commerce and Industry, and by the Embassy of India, Brasilia regarding initiation of Anti-dumping investigation by Brazil on Polyester Textured Yarns covered under HS Codes 5402.33.10, 5402.33.20, and 5402.33.90, originating from India and China. The questionnaires for the importer/exporter shall be released soon, and the deadline for reply to the questionnaire shall be notified shortly.

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Requirement of HSN Code for Goods and Services on Tax Invoices is mandatory w.e.f April 01, 2021.

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