Comprehensive Consultancy for Director General of Foreign Trade (DGFT) Services
Introduction
The Director General of Foreign Trade (DGFT) is a key authority in regulating and promoting India’s foreign trade policies. From issuing licenses to ensuring compliance with various trade policies, DGFT plays a vital role in supporting businesses involved in exports and imports. However, navigating these regulations can be a challenging task for organizations without proper guidance.
That’s where our expertise comes in. As one of the leading consultancy providers in the domain, we help businesses simplify the complexities of foreign trade regulations and maximize their benefits. From obtaining licenses to securing duty exemptions, our comprehensive services are tailored to meet the diverse needs of exporters and importers.
Our Comprehensive DGFT Services
1. Import Export Code (IEC) Registration and Modification
An Import Export Code (IEC) is a mandatory requirement for any business engaged in international trade. Whether you’re starting your export-import journey or looking to modify an existing IEC, our team ensures a seamless registration or update process, saving you time and effort.
2. Steel Import Monitoring System (SIMS) Registration
If you’re importing steel into India, it’s essential to register under the Steel Import Monitoring System (SIMS) as mandated by DGFT. Our experts handle the registration process efficiently, ensuring compliance with the latest guidelines.
3. EPCG, Advance Authorization (DEEC), DFIA, and Annual Advance Authorization
We assist in securing licenses under schemes such as:
- EPCG (Export Promotion Capital Goods): Enables duty-free import of capital goods for export production.
- Advance Authorization (DEEC): Allows duty-free import of inputs for exports.
- DFIA (Duty-Free Import Authorization): Facilitates duty-free import of certain raw materials.
Our team ensures proper documentation and timely approvals, enabling businesses to benefit from these schemes.
4. RoDTEP, SCOMET, and TMA Scheme Approvals
- RoDTEP (Remission of Duties and Taxes on Export Products): Assists exporters in recovering unrefunded taxes and duties.
- SCOMET Export Licenses: Specialized export permissions for sensitive and dual-use items.
- TMA Scheme (Transport and Marketing Assistance): Benefits agricultural exporters by reducing freight costs.
We handle the entire process, from application to approval, so you can focus on your business operations.
5. Status Holder Certificate and RCMC Renewal
Becoming a Status Holder under DGFT policy provides several trade privileges. Additionally, exporters require RCMC (Registration-Cum-Membership Certificate) for various benefits. Our team facilitates both new registrations and renewals, ensuring compliance with DGFT regulations.
6. Deemed Exports & Terminal Excise Duty (TED) Refunds
Deemed exports refer to transactions where goods do not leave the country but qualify for export benefits. We assist in obtaining drawbacks or refunds of Terminal Excise Duty (TED) for such transactions, ensuring compliance and prompt processing.
7. Specific Licenses for Restricted Items and Hi-Tech Products
Exporting restricted items or products under the Hi-Tech Product Export Promotion Scheme requires special licenses. We simplify the process by handling documentation, policy interpretation, and liaising with DGFT authorities.
Amendments and Regularizations
Navigating changes in trade operations can be complex, but our expertise ensures smooth transitions. We handle:
- Clubbing of Licenses: Combining multiple licenses for ease of operations.
- Extensions and Revalidations: Ensuring licenses remain valid beyond their original expiry dates.
- Handling Bonafide Defaults: Regularizing cases of non-compliance with policy guidelines.
Our team’s in-depth knowledge helps businesses avoid penalties and maintain operational continuity.
Closure of Licenses
Successfully closing licenses such as EPCG, Advance Authorization (DEEC), or DFIA requires fulfilling export obligations and complying with DGFT norms. Our experts streamline the process, ensuring accurate documentation and timely closure.
Other Specialized Services
Chip Import Monitoring System (CHIMS)
Mandatory for importing integrated circuits and semiconductors, CHIMS registration ensures compliance with DGFT guidelines. We assist clients with seamless registration and adherence to the rules.
Restricted IT Hardware Import Authorization
As per DGFT Notification 23/2023, importing restricted IT hardware requires specific authorization. We simplify the approval process, ensuring your import operations run smoothly.
Free Sale Certificates
Manufacturers and traders exporting goods to countries that require a Free Sale Certificate can rely on our team for prompt issuance of this essential document.
Expert Representation at DGFT HQ
Our consultancy services go beyond the basics. We represent clients at DGFT headquarters for complex matters, including:
- Fixation/Ratification of SION or Adhoc Norms: Ensuring accurate calculation of input-output norms for exporters.
- Import Licenses for Restricted Items: Simplifying approvals for items on the negative list.
- Policy Relaxation Committee (PRC) Approvals: Facilitating special approvals under relaxed policy norms.
- EPCG and Exim Facilitation Committees: Representing clients for duty exemptions and policy clarifications.
- Revalidation, Extension, and Condonation of Licenses: Managing compliance and extensions for continued operations.
Why Choose Us?
Our years of experience and in-depth understanding of DGFT policies have made us a trusted name in the industry. Here’s why clients prefer working with us:
- Comprehensive Services: From IEC registration to complex policy representations, we cover all aspects of DGFT-related consultancy.
- Expert Team: Our professionals have extensive knowledge of foreign trade regulations.
- Time-Saving Solutions: We simplify processes, saving businesses time and effort.
- Customized Approach: Every business is unique, and we tailor our services to meet specific needs.
- Transparent Communication: We keep clients informed at every stage of the process.
Conclusion
Navigating the complexities of foreign trade policies and DGFT regulations can be daunting. Our expert consultancy services are designed to simplify these processes, ensuring compliance, efficiency, and maximized benefits for your business.
Whether it’s securing licenses, handling amendments, or representing your case at DGFT HQ, we are here to assist you every step of the way. Contact us today to discuss your requirements and let us help you achieve your trade goals with precision and expertise.