What is DGFT?
This Directorate, with headquarters at New Delhi, is responsible for formulating and implementing the Foreign Trade Policy with the main objective of promoting India’s exports. The DGFT also issues scrips/authorization to exporters and monitors their corresponding obligations through a network of 24 regional offices.
What is DGFT Licence?
Director General Foreign Trade (DGFT) License The import license is issued by Director General Foreign Trade (DGFT). This license is valid for 24 months for capital goods and 18 months for raw material component, consumable and spaces with the license term renewable.
Who is present DGFT?
DGFT HQ Details
| S.No. | Officer Name | Building |
|---|---|---|
| DIRECTOR GENERAL, DGFT | ||
| 1 | Shri Santosh Kumar Sarangi | Vanijya Bhawan |
| Shri Thakur Singh Negi | Vanijya Bhawan | |
| Shri Anurag Patel | Vanijya Bhawan |
Who headed DGFT organization?
DGFT HQ Details
| S.No. | Officer Name | Designation |
|---|---|---|
| 1 | Shri Santosh Kumar Sarangi | Director General |
| Shri Thakur Singh Negi | Sr. PPS | |
| Shri Anurag Patel | Steno D | |
| ADDITIONAL DGFT |
Is GST required for IEC?
According to the latest circular issued by the government, IEC is not mandatory for all traders who are registered under GST. In all such cases, the PAN of the trader shall be construed as a new IEC code for the purpose of import and export.
How do I get a DGFT license for restricted items?
Visit the DGFT Portal – https://www.dgft.gov.in/CP/.
- Do login with valid credentials.
- Select Import Management System from services.
- Click on Restricted Imports.
- Click on Apply for Revalidation of Restricted Imports authorization.
- Fill all the details and upload the necessary documents.
How much does it cost to start an import export business in India?
How much Investment is Needed to Start a Export Import Business. You don’t always need a huge capital or investment to start an international business. All you need is dedication towards your work and creative idea to sell your product. An export import business in India can be start in around investing 50,000- 1lacs.
How do I raise a Complaint in DGFT?
You may call on the Toll Free Number 1800-572-1550 / 1800-111-550 for direct assistance. It is preferable however that a request ticket be raised so as to provide full details of the issue.
Who is the current DGFT?
DGFT HQ Details
| S.No. | Officer Name | E-mail Id |
|---|---|---|
| DIRECTOR GENERAL, DGFT | ||
| 1 | Shri Santosh Kumar Sarangi | dgft[at]nic[dot]in |
| Shri Thakur Singh Negi | ||
| Shri Anurag Patel |
Who is the head of DGFT in India?
When was DGFT founded?
1991
Post liberalization in 1991, DGFT was formed to replace CCI&E and the role of this office changed from Prohibitor and Controller of Exports and Imports to Facilitator, Promotor and Regulator of Exports and Imports.
How can I import and sell in India?
How to import from China and sell in India?
- Register your business; it can be proprietorship, LLP, partnership, Pvt.
- You should research on product which you want to sell in India.
- Register on www.alibaba.com and www.made-in-china.com.
- You can get Rate of duty and import cost for shipping from us.
Can I export goods without IEC?
Is IEC mandatory? Yes. An Importer-Exporter Code (IEC) is a significant business identification number that is mandatory for import to India or export from India. A person/entity cannot export or import without obtaining an IEC unless specifically exempted.
What is the cost of import & export license in India?
Rs 500/-
Import Export License Fees / Cost to get IEC Code in India As per the latest notification, IEC code Application fees is Rs 500/- which can be paid online through e-wallets/Net Banking/Credit or Debit Cards. Therefore the Government Fees or Official fees to get IEC Code in India is Rs. 500.