PRESENTATION ON DGFT

Prepared by:- Gagandeep

Kaur Shruti Bansal Ashish Kumar

INTRODUCTION

DGFT or Directorate General of Foreign Trade is a government organization in India responsible for the formulation of EXIM 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).

DGFT is the nodal body formulating the Export Import Policy.

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ORGANISATIONAL SET-UP Directorate General of Foreign Trade is an attached office of the Department of Commerce, Ministry of Commerce and Industry. The headquarter is in Udyog Bhavan, New Delhi. 

VISION   To provide an effective and responsive administration

in the field of foreign trade by continuous effort to reduce transaction cost.

    To double India’s export by 2014 and double India’s share in World Trade by 2020

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OUR MISSION:  Realization of its vision through appropriate measures  in

the Foreign Policy and  Procedures.  VALUES:      Accountability and e  governance            Transparency in operations and Access to information

  Improving the performance and integrity of public services 

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CLIENTS: All producers and consumers of goods and services

in general and exporters and importers in particular

COMMITMENT: To  facilitate international trade in goods & services

and thereby stimulate sustained national economic growth, through  coordinated efforts of the Union and the State Governments.

 

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DGFT is a government organization in India responsible for the formulation of EXIM guidelines and principles for Indian importers and Indian exporters of the country.

DGFT has several offices in various parts of the country which issues licenses, incentives etc based on the policy formed by the headquarters at Delhi.

Functions of DGFT

Notifications and Circulars

IEC or Importers Exporters Code Number

EXIM Policy

DEPB Rates

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Officials DGFT works in close coordination with other related economic offices like Customs Commission rates, Central Excise authorities, DRI authorities.

DGFT has a commitment to function as a facilitator of exports and imports.

Their focus is on good governance, which depends on clean, transparent and accountable delivery systems.

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The office of the Director General of Foreign Trade has opened a chat window on its website for interacting with the trade and industry to reply to queries on the Foreign Trade Policy.

This web based interface would be held from 3.00 pm to 5.00 pm on the second Wednesday of every month.

DGFT Offices in India

DGFT New Delhi DGFT Chennai DGFT Kolkata DGFT Mumbai DGFT Bhopal DGFT Chandigarh DGFT Cochin DGFT Coimbatore DGFT Cuttack DGFT Ludhiana DGFT Moradabad DGFT Panipat DGFT Patna DGFT Pune DGFT Rajkot DGFT Ahmedabad DGFT Surat

DGFT Vadodara DGFT Kanpur DGFT Bangalore DGFT Jaipur DGFT Amritsar DGFT Jammu DGFT Dehradun DGFT Panjim DGFT Raipur DGFT Gauhati DGFT Shillong DGFT Kochi DGFT Trivendrum DGFT Hyderabad DGFT Madurai DGFT Pondicherry DGFT Vishakhapatnam

Functions of regional authorities The RAs under DGFT have direct role in issuing

Status Certificates recognizing the exporters as Export House(EH), Star Export House(SEH) ,Trading House(TH),Star Trading House(STH) and Premier Trading House (PTH)

The RAs under DGFT have direct role in issuing various Duty Free Scrips under chapter-3 of FTP like Focus Market Scheme (FMS), Focus Product Scheme (FPS), Vishesh Krishi and Gram Upaj Yojana (VKGUY) scrips

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The RAs under DGFT have direct role in issuing various Authorisations under chapter-4 of the FTP/HBP which includes Advance Authorisations (AA), Duty Free Import Authorisation (DFIA).

The RAs under DGFT have direct role in issuing EPCG (Export Promotion Capital Goods Scheme) Authorisations under chapter-5 of the FTP/HBP which allow import of capital goods at zero/3 percent duty subject to Export obligation to be fulfilled as per conditions laid down in the FTP/HBP

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All the Regional Authorities under DGFT have an important role in implementations of various schemes by Ministry of Commerce for the exporters falling under the jurisdiction. This include: Assistance to states for infrastructure development for

exports. 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.

Registration with Director General of Foreign Trade (DGFT)

For every first time exporter, it is necessary to get registered with the DGFT (Director General of Foreign Trade), Ministry of Commerce, Government of India.

DGFT provide exporter a unique IEC Number. IEC

Number is a ten digits code required for the purpose of export as well as import. No exporter is allowed to export his good abroad without IEC number.

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However, if the goods are exported to Nepal, or to Myanmar through Indo-Myanmar boarder or to China through Gunji, Namgaya, Shipkila or Nathula ports then it is not necessary to obtain IEC number provided the CIF value of a single consignment does not exceed Indian amount of Rs. 25, 000 /-.

Application for IEC number can be submitted to the nearest regional authority of DGFT

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Application form which is known as "Aayaat Niryaat Form - ANF2A" can also be submitted online at the DGFT web-site: http://dgft.gov.in.

While submitting an application form for IEC number, an applicant is required to submit his PAN account number.

Only one IEC is issued against a single PAN number.

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Apart from PAN number, an applicant is also required to submit his Current Bank Account number and Bankers Certificate.

A amount of Rs 1000/- is required to submit with the application fee. This amount can be submitted in the form of a Demand Draft or payment through EFT (Electronic Fund Transfer by Nominated Bank by DGFT.

Import Export code service Definition of IEC Code

IEC Code is unique 10 digit code issued by DGFT – Director General of Foreign Trade , Ministry of Commerce, Government of India to Indian Companies.

IEC Code No NotificationDirectorate General of Foreign Trade(DGFT) issued a Policy Circular No.15 (RE-2006)/2004-2009 Date: 27th July, 2006) for New System for issuance of Importer-Exporter Code Number.

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Application for Grant of IEC Number An application for grant of IEC number

shall be made by the Registered/Head Office of the applicant and apply to the nearest Regional Authority of Directorate General Foreign Trade, the Registered office in case of company and Head office in case of others, falls in the ‘Aayaat Niryaat Form - ANF2A’.

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IEC Code Online Application Form The application  can  be download  Form in PDF

or Word. This is called "Aayaat Niryaat Form - ANF2A". Along with IEC Code Number Application Form it is necessary to submitAppendix-18B Attested by Applicant's Banker in his letter head with two passport size photo).

Duplicate Copy of IEC Number

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Surrender of IEC Number

Application Fee For IEC Code Number Application Fee : Rs 250.00

Profile of Importer/ Exporter Each Importer/Exporter shall be required

to file importer/ exporter profile once with the Regional Authority in Part 1 of ‘Aayaat Niryaat Form - ANF2A’..

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IEC No: Exempted Categories The following categories of importers or

exporters are exempted from obtaining Importer - Exporter Code (IEC) number: Importers covered by clause 3 (1) [except sub-

clauses (e) and (l)] and exporters covered by clause 3(2) [except sub-clauses (i) and (k)] of the Foreign Trade (Exemption from application of Rules in certain cases) Order, 1993.

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Ministries/Departments of the Central or State Government.

Persons importing or exporting goods for personal use not connected with trade or manufacture or agriculture.

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Persons importing/exporting goods from/to Nepal provided the CIF value of a single consignment does not exceed Indian Rs.25,000.

Persons importing/exporting goods from/to Myanmar through Indo-Myanmar border areas provided the CIF value of a single consignment does not exceed Indian Rs.25,000.

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However, the exemption from obtaining Importer-Exporter Code (IEC) number shall not be applicable for the export of Special Chemicals, Organisms, Materials, Equipments and Technologies (SCOMET) as listed in Appendix- 3, Schedule 2 of the ITC(HS) except in the case of exports by category(ii) above.

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Requirements to apply for IEC code number

Mandatory Requirements to apply for IEC Code Number

PAN Number Current Bank Account Bankers Certificate IEC Code Number

Application FeeRs 250.00(Expert TIP : Pay via EFT (Electronic Fund Transfer ), and submit IEC Online Application form, If you wish to receive IEC Number instantly)

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The physical application containing required documents should reach DGFT RLA concerned within 15 days of its online submission.

E-mail is not mandatory. If it is provided it will facilitate faster communication.

Check list of the documents to apply for IEC code number.

Covering Letter on your company's letter head for issue of new IEC Code Number.

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Two copies of the application in prescribed format (Aayaat Niryaat Form ANF 2A) must be submitted to your regional Jt.DGFT Office.

Each individual page of the application has to be signed by the applicant.

Part 1 & Part 4 has to be filled in by all applicants. In case of applications submitted electronically.

No hard copies of Part 1 may be submitted. However in cases where applications are submitted otherwise, hard copy of Part 1has to be submitted.

Only relevant portions of Part 2 need to be filled in.

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Rs 250.00 Bank Receipt (in duplicate)/Demand Draft/EFT details evidencing payment of application fee in terms of Appendix 21B.

Certificate from the Banker of the applicant firm in the format given in Appendix 18A.

Self certified copy of PAN issuing letter or PAN (Permanent Account Number) Card issued by Income Tax Authority.

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Two copies of passport size photographs of the applicant duly attested by the Banker of the applicant.

Self addresses envelope with Rs.25/- postal stamp for delivery of IEC certificate by registered post or challan/DD of Rs.100/- for speed post

Dgft office in Ludhaina

One regional licensing office of the Directorate General of Foreign Trade (DGFT) is set up in Ludhiana.

This office is second largest in northern India and handles an export of around 2 billion dollars per year.

The main functions of this office are to implement Foreign Trade Policy as announced by the Govt. of India, Ministry of Commerce from time to time.

Work allocation in ludhiana DEPB, Focus Market scheme, Export House,

IEC, Administration, Computerization, Hindi, General Branch, Litigation, Blank licence and cheque books, GSP, RTI, DDO(Cash), Aside scheme, REIC,  DEL,R & I, Quality Complaints, Post Audit, T.R.Refund, Parliament Question & any other work allotted by undersigned from time to time, Chapter 3 (excluding Focus Market Scheme),4 (excluding DEPB),5,8 and  Misc. Licences & ECA/Recovery of Penalties, RBI Recovery, Record ,Audit, PRO & any other work allotted by undersigned from time to time.

PROMOTIONAL MEASURES IN DGFT

Regional Sub-Committee on Quality Complaints (RSCQC) set up at Regional Offices of this Directorate shall investigate quality complaints received from foreign buyers.

  If it comes to DGFT’s notice or he has reason to

believe that an export or import has been made in a manner that (i) is gravely prejudicial to trade relations of India with any other country; and / or (ii) is gravely prejudicial to interest of other persons engaged in exports or imports; and / or (iii) has brought disrepute to the country; DGFT may take action against such exporter or importer in accordance with FT(D&R) Act, Rules and Orders made there-under and FTP

Dgft E-Commerce

Tracking View Your IEC IEC Status at Custom(BIN) Shipping Bills received from Custom for an

IEC Check your DEPB License Status at Custom Check Your DEL Status Shipping Bill Custom File Number Status DEPB License Transmission Status DEPB Licenses received from DGFT Electronic Filing of Applications Online Help Electronic Fund Transfer (EFT) Online Help

THANK YOU