Import/Export Industry Notifications
01 April 2020
BUSINESS LINE | Customs permits en-bloc movement of boxes from Chennai port terminals to CFS/ICD during lockdown
01 April 2020
The Chennai Customs has allowed en-bloc movement of containers via rail to container terminals CFS and ICDs located nearby. This will decongest and make space at the port during the lockdown caused by the COVID 19 situation. No additional charges shall be levied for handling the containers during the lockdown period plus five working days. The containers will not be moved from CFS and ICDs until it is claimed.
01 April 2020
BUSINESS STANDARD | Exports head towards contraction as orders from US, Europe vanish
01 April 2020
With the lack of liquidity of export credits and global shipment orders being cancelled, and drastic decrease in demand by major clients in the US and Europe in foreign-exchange (forex) earning sectors, exports are at stake in the wake of the COVID 19 pandemic. The global economy seems like it is on the brink of slipping into a recession. The small businesses and exporters seem to be having lockdown blues as the orders drop and they continue to be harassed by local authority and police despite the commerce department saying exports are a priority sector.
31 March 2020
FIEO | Emergency Export Facilitation
31 March 2020
The Federation of Indian Export Organisations has released a list of FIEO officials that can be contacted for emergency export facilitation during these challenging times in the wake of COVID 19 pandemic.
31 March 2020
KEY INDUSTRY INSIGHTS
31 March 2020
1. All JNPT stakeholders have been contributing their best to keep the logistics supply chain going. As a result of their support, JNPT managed to move 15 train rakes yesterday.
2. CC/PC-Customs, Hyderabad interacted with stakeholders at ICD, Sanathnagar. The trade were assured regarding 24X7 Customs operations and seamless movement of EXIM cargo. 3 Customs officers have been posted in the Police Control Room, Hyderabad for this purpose.
3. Ludhiana Customs thru liaison with State Govt. arranged 10 daily permits for CHAs yesterday. Custom clearance work carried out smoothly & few containers of essential goods given Out of Charge/LEO from ICDs/CFSs.
4. 1000+ TEUs evacuated by rail since 28th March to ICD Tondiarpet (TNPM) helping terminal operations keep running smoothly.
5. Being declared as essential services, all Export and Import related operations are going on at Mundra Port 24*7. In case of any difficulties kindly contact <Commr.cusmundra@nic.in>
6. Being declared as essential services, all Export and Import related operations are going on at Kandla Customs 24*7. In case of any difficulties kindly contact edi.kandla-customs@gov.in
31 March 2020
SAFMARINE | Mauritius Surcharges Update due to Covid-19 Outbreak+
31 March 2020
Following the outbreak of COVID-19, Safmarine group have announced that the Mauritius Government has provided an update on the surcharges, which will be applicable only for the period between 20th March and 15th April 2020 on dry cargo only. In the standard tariff, there will be 50 % discount on import detention & demurrage for dry cargo during the said period. Customers who have already filed for special deals are not eligible for this discount.
31 March 2020
SAFMARINE | FEME 2020 April Blanking Plan
31 March 2020
Safmarine group has announced the cancellation of some of their vessels from sailing due to a further drop in demand. However, they have the aim to minimize the impact on their customers by securing alternative routings wherever possible. Customers can visit their website and get in touch with them for further details.
30 March 2020
DGFT | New Scheme Remission of Duties & Taxes on Exported Products(RoDTEP) passed by Cabinet
30 March 2020
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has approved RoDTEP to reduce and reimburse the taxes and duties costs at the central, state and local level to increase Indian exports at competitive costs in the international markets and generate employment in various sectors. This WTO compliant scheme is completely digitized. An inter-ministerial committee will determine the rates and items for reimbursement, which will be notified by the Department of Commerce. However, certain taxes/duties/levies outside GST like VAT on fuel used in transportation, Mandi tax, etc… are non-refundable and an Information Technology based Risk Management System (RMS), would be set up to verify the records of the exporters.
30 March 2020
SAFMARINE | COVID-19 Blanking Announcement – Asia to North Europe Services
30 March 2020
There has been a decrease in the demand due to the outbreak of the COVID 19 pandemic. Therefore, Safmarine group announced that the AE1 service departing from Far East Asia is temporarily cancelled and that they are securing reliable alternative routings to minimize impact to their customers.
30 March 2020
SAFMARINE INDIA | Revised Cut Off MAERSK ATLANTA 012W
30 March 2020
In the light of early berthing of MAERSK ATLANTA 012W at Nhava Sheva, Safmarine shipping company has announced a revision in the cut off timings for Form 13, Document and Gate cut off on Saturday, 28th March.
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