DGFT clarifies on the applicability of Minimum Value Addition in case of Spices
DGFT clarifies that Para 4.09 (v) of Foreign Trade Policy 2023 which mandates 25% Minimum Value Addition in the case of Spices for Advance Authorisation and DFIA Scheme. It is clarified that the condition of the minimum value addition of 25% in the case of spices is applicable only where both expert as well as import items pertain to Chapter 9 of ITC HS Code.
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FeATURED ARTICLES
DGFT Notifies New SION A-3685 Under FTP 2023 We’re pleased to inform our readers that the Directorate General of Foreign…
DGFT Launches Helpdesk to Support Exporters & Importers In response to the evolving global trade environment—marked by shifting tariffs, import…
DGFT Amends ANF-4J Declarations for Diamond Imprest Authorisation (DIA) The Director General of Foreign Trade (DGFT) has made key amendments…
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