What Are The Function Of DGFT?

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What Are The Function Of DGFT? The Directorate General of Foreign Trade (DGFT), originally known as the Chief Controller of Imports and Exports (CCI&E), is India's official import and export administration agency. It is an affiliated office of the Ministry of Commerce, with its headquarters in New Delhi. The DGFT Consultant in Pune is in charge of putting the Forei into action.

The Advance Authorization Scheme permits duty-free import of inputs that are physically integrated into an export product. In addition to any inputs, packing material, gasoline, oil, and catalyst that is used / employed in the process of export product manufacturing are permitted. The number of inputs permitted for a certain product is determined by specific criteria established for that export product, which take into account waste created during the production process. The DGFT provides a sector-specific set of Standard Input-Output Norms (SION) that exporters may choose to follow. Alternatively, exporters may seek for their own ad hoc standards if the SION does not meet their needs.

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