Union Minister of State for Textiles, Darshana Jardosh stated in a written reply in the Rajya Sabha. that BHARAT TEX 2024 , a global textile mega event being organised by a consortium of 11 Textile Export Promotion Councils and supported by the Ministry of Textiles is scheduled from February 26-29, 2024 in New Delhi. In…
Consul General Mahesh Kumar hosted delegations from four of the nine South African provinces under his jurisdiction at an interactive session on exploring synergies between India and South Africa.
Going forward, the exporter will not be required to apply to the office of Directorate General of Foreign Trade (DGFT) for a Status Certificate and the export recognition will be provided by the IT system based on available Directorate General of Commercial Intelligence and Statistics (DGCIS) merchandise export electronic data and other risk parameters
These certificates provide certain privileges, including simplified procedures under foreign trade policy (FTP) and priority custom clearances on a self-declaration basis, exemption from compulsory negotiation of documents through banks, and exemption from filing bank guarantees for FTP schemes. Upon achieving prescribed export performance, status recognition as one, two, three, four and five-star export houses is accorded to the eligible applicants as per their export performance.