Get latest articles and stories on Latest News at LatestLY. The Commerce Ministry, which automated the process for issuance of exporter status certificates, is expected to issue about 20,000 such documents by the end of this year, a senior official said on Wednesday. Latest News | Comm Min Expects to Issue 20,000 Status Holder Certificates to Exporters This Year: DGFT.
The DGFT Regional Offices are supposed to issue the certificate in three days. Under the new arrangement, no applications are invited from exporters, and the certification is granted every year in August based on annual export figures available with the partner government agency - DGCIS.
IT Hardware Imports: Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said that the policy tweaks seek to monitor the imports of these products to ensure that they were coming from “trusted” sources. The import authorisation will remain valid till September 30, 2024.
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Officials of the Ministry of Electronics and Information Technology and Directorate General of Foreign Trade said import authorisation requests will not be rejected for now, and the data will be studied before further decisions are taken