Import/Export Industry Notifications

Earlier, the government had extended till April 30 the validity of e-way bills, required for inter-state movement of goods worth over Rs 50,000. Now, it has been extended until May 31, 2020. These are applicable for those that were to expire between March 20 and April 15. For ODC like trucks, the validity is one day for every 20 km.

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As against a storage capacity of 1,500 containers of 20 ft each, the port at Birgunj in Nepal has built a stockpile of 4,000 boxes, as importers in Nepal are barely taking deliveries. At least seven rakes returned empty from Birgunj. Nepal barely has any exportable cargo. Non-availability of trucks and labour at Birgunj are major reasons behind the slow movement of cargo.

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The government's order to waive off detention charges has led to congestion at port terminals. With repeated notifications for extended free time on container detention from the government, the consignees have no incentive to expedite the clearances. They’re using containers for storage of cargo as factories are shut due to the lockdown.

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The MHA has asked all the State governments to ensure free movement of trucks and good carriers, including empty trucks Local authorities should not insist on separate passes for these vehicles at inter-State borders across the country.

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Foreign direct investments from Taiwan are not covered under the latest policy changes. Investments from Taiwan will be treated as they were previously and are excluded from the latest changes. India considers investments from Taiwan separately and they were never sent for security clearance.

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Arvind Kumar Sharma on Friday assumed charge as Secretary in the Micro, Small and Medium Enterprises Ministry. His appointment comes at a time when the sector’s facing a huge crisis and the enterprises struggle for survival. He has already discussed the pressing issues with the higher officers. After dealing with the COVID-19 crisis, he intends to work on creating Global Champion companies from MSMEs.

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Indian Prime Minister Narendra Modi's government has extended a nationwide COVID-19 lockdown until May 17. But some relaxations are allowed after 04th May. Travel by air, rail and metro and inter-state movement of people by road remains banned all over the country. There will be no restriction on the movement of goods between states or on the manufacturing and distribution of essential items.

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Transporters including Denmark’s Maersk are increasingly moving critical medical equipment to Europe from China by rail as air and sea cargoes struggle with lockdowns due to the COVID-19 outbreak. Continued restrictions on air travel and delays to port entry have hampered traditional supply lines for freight companies. In the past, they have relied heavily on flights and shipping to move goods around the world.

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South Korea reported no new domestic COVID-19 cases for the first time since February. KCDC reported four new infections, all imported cases, taking the national tally to 10,765. 247 have succumbed to the pandemic while 9,059 have been discharged.

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