DGFT launches online facility for submission of certain documents
According to a trade notice, this system allows exporters to seamlessly integrate these documents or certificates with their online applications across various schemes under the foreign trade policy.
The commerce ministry's arm DGFT has launched an online facility for certifying authorities, including chartered accountants, and company secretaries to submit their digitally signed documents.
According to a trade notice, this system allows exporters to seamlessly integrate these documents or certificates with their online applications across various schemes under the foreign trade policy.
"The Directorate General of Foreign Trade (DGFT) has launched an online facility for onboarding of certifying authorities," the trade notice said.
The move would help promote ease of doing business for exporters.
"As a result, the digitalisation of the...Certificate, which accounts for the consumption and stock of duty-free imported or domestically sourced raw materials and components under the advance authorisation and DFIA schemes, has been fully implemented online," it added.
The DFIA scheme allows manufacturers to import raw materials/inputs without paying certain customs duties for making export products.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
03:00 PM IST