ARTICLE
5 March 2025

TPM Newsletter: March 2025 - Foreign Trade Policy

TC
TPM Consultants

Contributor

TPM was founded in 1999 as the first firm dealing exclusively in the field of trade remedies. TPM has assisted domestic producers, in India and overseas, suffering due to cheap and unfair imports to avail the necessary protection under the umbrella of the WTO Agreements. TPM also assists exporters and importers facing trade remedial investigations in India or other countries. TPM has assisted exporters facing investigations in a number of jurisdictions such as China, Argentina, Brazil, Canada, Egypt, European Union, GCC, Indonesia, South Korea, Taiwan, Turkey, Ukraine and USA. TPM also provides services in the field of trade policy, non-tariff barriers, competition law, trade compliance, indirect taxation, trade monitoring and analysis. It also represents industries before the Government in matters involving customs policy.
Mandatory online submission and online payments against Show Cause Notices and other proceedings under provisions of the Foreign Trade (Development and Regulation) Act, 1992 (11 Feb)...
India International Law

Mandatory online submission and online payments against Show Cause Notices and other proceedings under provisions of the Foreign Trade (Development and Regulation) Act, 1992 (11 Feb)

In line with the Government's objective to promote ease of doing business and facilitate a paperless trade environment, the Director General of Foreign Trade has digitised the process of Enforcement-cum-Adjudication and other associated actions under the Foreign Trade (Development and Regulation) Act, 1992 (FTDR Act). Replies to Show Cause Notices and other information requests during proceedings under the FTDR Act such as the process of Adjudication, Appeal and Review must be compulsorily made online through the DGFT portal. Further, payment of penalties levied by orders under the FTDR Act must be mandatorily made against the corresponding online ECA/Appeal or Review file, as applicable.

Procedure notified for application for allocation of quantities for import of Calcined Petroleum Coke and Raw Petroleum Coke for financial Year 2025- 26 (12 Feb)

On 11th March 2024, the Ministry of Commerce notified the procedure for allocation of quantities for imports of Calcined Petroleum Coke for use in aluminium industry and imports of Raw Petroleum Coke for CPC manufacturing industry for the year 2024-25. In furtherance to that, the Directorate General of Foreign Trade has invited applications for import of CPC for use in Aluminium industry for 0.8 million MT and import of RPC for CPC manufacturing industry for 1.9 million MT for the financial year 2025-26.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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