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News – 16 August 2019

 

 

 

What's New...

 

Rupee Falls by Re.1.85 against Dollar to Rs. 71.85 w.e.f. 15 August 2019

DGTR Issues PCN Codes for Flat Rolled Stainless Steel Products Anti-dumping Investigation Case

RBD Palmolein and Pal Oil from Malaysia – DGTR Initiates Bilateral Safeguard Investigation on Complaint of Solvent ExtractorsAssociation of India on Behalf of Adani Wilmar Plus Eight Producers

No Auto Input Output Norms for Goods in Restricted List..Fresh Approval required in every case regardless of previous Clearance of same Item

·       Facility Valid for Three Years Only

·       New Appendix 4P Notified, covers

o   Cashews in any Form

o   All Restricted and Prohibited Items

o   Items under FTP Para 4.11 – Ineligible categories of import on Self Declaration Basis

o   Items in Appendix 4J – Export Obligation period for specified inputs with pre-import condition

Tariff Value of Gold and Silver, Crude Palm Oil, Palmolein, Soyabean Oil; Brass Scrap and Poppy Seeds Released

Revamped Trade Indicator Suggests further Weakening of Goods Trade into Third Quarter

US Appeals against WTO Ruling favouring India in Renewables Case

 

14.08.2019

Regional Office of DGFT to Issue a ‘No Incentive Certificate’ to Clear the Re-import of Exported Goods

Flexible Slabstock Polyol from Singapore Sunset Review Initiated on Complaint of Manali Petrochemicals

Swiss Franc Exchange Rate Revised

 

13.08.2019

Antidumping Duty on Homopolymer of Vinyl Chloride Monomer Suspension Grade from China, USA to Continue for 30 Months from 13 August 2019

·    Thailand Out of the Net

·    Number of Entries Reduced to 7 from 40

·    No Major Changes in Duty Rates

 

10.08.2019

Pakistan Prohibits all Imports from India, Equates Indian Origin Goods with those of Israel

·     Rs 17930 cr worth of Goods in Annual Export and Import Trade Affected by Bans between the Two Neighbours in Last five Months

DGFT Asks Exporters to Check on its website if RCMC Data Uploaded by Export Promotion Council

DGTR Issues Clarification for PCN Codes for Nylon Multi Filament Yarn Anti-dumping Investigation Case

Tin Mill Flat Rolled Steel Products – Questionnaire Response Time Extended to 30 August 2019

Korean Request for Retaliation with Suspension of Concessions on $350mn Goods against US in Dumping Dispute Referred to Arbitration

Piyush Goyal to Lead Delegation to Vladivostok to Explore Investment Opportunities in Russia’s Far East Region

·    BJP CMs to Accompany Minister

Additional Liquid Cargo Jetty Worth Rs 309 Crore to Come Up at JNPT

·    Shipping Minister Mansukh Mandaviya Says the New Liquid Jetty will Enhance the Port’s Capacity by around 4 MTPA

 

 

Released on 9 July 2019

BIG’s Easy Reference Vol. I
Customs Tariff

With IGST, Import Policy, FTAs

43rd Budget Edition

July 2019

Author: Arun Goyal

ISBN: 978-81-86234-67-9

Rs. 2190

 

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BIG’s Easy Reference Vol. II

Foreign Trade Policy

3rd Budget Edition July 2019

Author: Arun Goyal

ISBN: 978-81-86234-68-6

Rs. 1250

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BIG’s Easy Reference Val. III

Customs Manual

July 2019

Author: Arun Goyal

ISBN: 978-81-86234-65-5

Rs. 850

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Last Updated on 16-08-2019