Import/Export Industry Notifications

Because of the ongoing surge of coronavirus cases across India, a control room has been set up to ensure the continuity and smooth conduct of international trade with India. The Control Room, which was developed by the Ministry of Commerce and Industry’s Department for Promotion of Industry and Internal Trade (DPIIT), has monitored and resolved problems.

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The Agricultural and Processed Food Products Export Development Authority (Apeda) has launched a slew of information technology (IT) initiatives over the last couple of years to help speed up shipments through “more efficient and effective” measures.

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India Ratings and Research (Ind-Ra) has published the February 2021 edition of its credit news digest on India’s logistics sector. It highlights the critical volume and realization trends across three logistics sub-sectors – sea logistics (global and domestic), surface logistics (rail and road), and air logistics (passenger and freight).

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On Monday, the commerce ministry said it had begun a COVID-19 helpdesk to help resolve issues of exporters and importers about international trade, such as customs clearance delays and banking matters. The Directorate General of Foreign Trade (DGFT), an arm of the ministry, took this initiative to monitor exports and imports and the difficulties faced by trade stakeholders because of the surge in COVID-19 cases.

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IndiGo said last week it had signed a letter of intent for two A321 passenger-to-freighter conversions and is in the process of sourcing two more. As forwarders warn of capacity constraints amid India’s second and worsening, Covid crisis, low-cost carrier IndiGo is the latest airline to enter the freighter market.

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Amendment in import policy and incorporation of a Policy Condition under HS Code 85167920 and 85167990 of Chapter-85 of ITC (IIS), 2017, Schedule-I (Import Policy).

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Chemexcil has received intimation from the Department of Chemicals and Petrochemicals (DCPC) regarding amendment in implementation Quality Control Orders (QCOs) for nine chemicals reg.

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Amendment in Appendix 2E (List of agencies to issue Certificate of Origin-Non Preferential) regarding change in address of Bharat Chamber of Commerce for Certificate of Origin (Non-Preferential)

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Amendment in import policy of Melon Seeds - Other under HS Code 12077090 of Chapter-12 of ITC (HS), 2017, Schedule-I (Import Policy).

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