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Updates From the Category: FEMA

DGFT relaxes Procedure for Acceptance of Additional Fee Covering Excess Imports under EPCG Scheme

The Directorate General of Foreign Trade (DGFT) has granted a one-time relaxation for furnishing additional...

CBIC amends its Circular on Centralised Antecedent Verification of warehouse licence applicants

The CBIC has noted that the cases of centralised system of antecedent verification are facing...

CBIC amends its Circular to include details of Ex-bond Bill of Entry or Shipping Bill in Form A

CBIC by its previous circular had issued 'Form A' for capturing details relating to receipts,...

RBI Introduces Foreign Contribution (Regulation) Act (FCRA) related transaction code in NEFT and RTGS Systems

Member banks are advised to incorporate necessary changes in their core banking / middleware solutions...

RBI introduces FCRA related transaction code in NEFT and RTGS Systems

The Reserve Bank of India (RBI) has issued a notification introducing Foreign Contribution (Regulation) Act...

Clarification regarding revisions to the international regulations for the prevention of air pollution from ships

The revised regulations included a requirement that, from January 01, 2020, the sulphur content of...

DGFT amends Conditions of SION for Wheat Flour Export

The notification states that Advance Authorisation (AA) will be issued to flour millers. Exporters which...

DGFT amends a part of Chapter 5 of the Handbook of Procedures, 2015-20

The Directorate General of Foreign Trade (DGFT) has published a notice amending Chapter 5 of...

Ministry of Commerce & Industry relaxes the EPCG Scheme

The Ministry of Commerce and Industry has issued a press release relaxing the Export Promotion...

Draft guidelines on Halal certification for the export of meat and its products

The comments on the draft guidelines may be sent to moc_epagril@nic.in by February 17, 2023....

DGFT amends Handbook of Procedures for issue of export authorization for “Stock and Sale” of SCOMET items

The Director General of Foreign Trade (DGFT) sets forth certain amendments to the Handbook of...

International Financial Services Centres Authority (Investment by International Financial Service Centre Insurance Office) Regulations, 2022

The International Financial Services Centres Authority (IFSCA) has issued the International Financial Services Centres Authority...